Globe Telecom announced today (28 November) that in the first nine months of this year it invested PHP74.4 billion (USD1.31 billion) inĀ CAPEX in its networks, adding 2,951 cell sites to its network including 1,887 new 5G sites nationwide. Indeed, Globeās 5G outdoor coverage reached 97.1% of the National Capital Region (NCR) and 87.7% of key cities in the Visayas and Mindanao by 30 September 2022; it reported over three million devices in its 5G network at the same date. On top of this, the company noted it added a further 1,064Ā BTSĀ to its network, upgraded 10,660Ā BTSĀ to 4GĀ LTE, completed some tower builds and added an additional 400,000 fibre-to-the-home (FTTH) lines for a total of 1.4 million at end-September.
Commenting on the carrierās network modernisation, Joel Agustin, Head of Network Planning and Engineering, said: āGlobeās network rollout momentum continues and is expected to surpass last yearās builds,ā adding, āthese accelerated upgrading and network expansion efforts will not only deliver a more consistent level of network quality but will elevate the standard of connectivity in the country.ā
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