New towers and fiber lines! GIZGUIDEPH GadgetCoach TechPH TelcoPH Globe
New towers and fiber lines!For the first nine months of the year, the company used PHP 74.4 billion in capital expenditures which is 14 percent higher than last year. Globe revealed that at least 84 percent of this period's total cash was allocated for data requirements to further enhance the overall customer data experience. To address the growing digitalization needs of Filipinos, these include additional LTE upgrades, new 5G sites, the tower builds, and Fiber to the Home rollout.
Also, close to 1.4 million FTTH lines were deployed as of the end of September 2022. This is higher than the over 1 million during the same period last year. This is part of the company's bid to make fast and reliable connectivity more accessible to more households and businesses. Globe together with its partners has also landed fiber optic cables in several provinces since July and is on track to complete the project by April 2023 to deliver a"1st world network".
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