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Globe's achievements in Q1To meet the changing needs of its subscribers, one of the country's major telcos said in a statement that it has built 220 new cell towers and upgraded over 3,000 mobile sites to LTE in the first quarter of 2023.
For 2023, Globe said it wants to focus on the operational efficiency and sustainability of its free cash flow generation. The telco said its CAPEX is expected to drop to USD 1.3 billion this year, following peak levels in the past three years. This was as it took advantage of different opportunities to fast-track its network expansion and customer experience enhancements.
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