Globe Telecom (PSE: GLO) is determined to achieve another milestone in 2017 by installing as much as 400,000 broadband lines to help provide more Filipinos with ultra-fast Internet service. The goal is to improve the lives of as many as possible when it comes to their home broadband service.
"With our recent campaigns, our local governments are beginning to hear us and, to some extent, some are more responsive than others. As we move forward, we have every reason to be optimistic that we can improve the quality of home broadband in as many areas as possible," Globe president and CEO Ernest Cu said in a press release statement.
Globe's Goal: Ultra Fast Internet Service For 2-M Household By 2020
Eventually, the telecom giant wants to be able to provide its ultra-fast Internet service to as much as two million household in over 20,000 barangays by the year 2020. They have planned to invest as much as $2 billion (P99 billion) for this project with the hopes of redefining Filipinos' home broadband experience.
Broadband seems to be the company's priority now after years of focusing on their mobile segment. Initially, Globe provided broadband service to various areas in Quezon City, Binondo, Cebu and Davao. Today, Cu says that they are catching up on the infrastructure deployment for home broadband.
Meanwhile, Cu also promised that Globe will continue with progressive rollouts of its broadband service over the next three years to make sure that the company meets its 2020 goal.
Internet Quality Improvement
Once this is achieved, Cu promises that customers will be able to experience a difference in quality in their Internet service.
"We will transform every home using a Globe broadband into an ultimate entertainment hub as our customers enjoy high-speed connection plus an unbeatable portfolio of exclusive content," Cu added.
Globe As 2016's Largest Mobile Operator In The Philippines
Meanwhile, Globe continues to be one of the biggest companies in the telecommunications industry. According to a recent report from Manila Bulletin, the company was named the largest mobile operator in the Philippines for 2016, acquiring as much as 10 million subscriptions during the last quarter. The company ended 2016 with a 52 percent market share.
What do you think of Globe's plan to install 400,000 broadband lines in the Philippines in 2017? Let us know in the comments section below.