Filipino carrier Globe Telecom says it exceeded its own network rollout targets for 2022, building out 2,267 new 5G sites, connecting 1,702 new cell sites and upgrading more than 13,600 mobile sites to 4G LTE. In a statement, Joel Agustin, Head of Network Planning and Engineering at Globe, said: ‘We are proud to have made huge investments in our network infrastructure to provide our customers with the best possible experience. Our goal is to always deliver network reliability and consistency to our subscribers’.
The company has been committing record-high levels of capital expenditures in recent years – including PHP101.4 billion (USD1.83 billion) in FY 2022 – to expand its fixed and mobile networks rapidly. Additionally, Globe claims to be the first telco in Southeast Asia to deploy the new multi-beam, multi-band lens antenna technology to significantly improve the capacity and coverage of 4G and 5G networks, providing better indoor penetration and reach for large outdoor and indoor events, rural areas, and densely populated cities.
As previously reported by TeleGeography’s CommsUpdate Globe reported ‘record’ consolidated service revenues of PHP157.979 billion in FY22, compared to PHP152.263 billion in the previous twelve months, due it said to ‘the stellar performance of the mobile and corporate data business as complimented by the sustained growth from non-telco services’.
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