Globe Telecom more than doubled the number of locations across the Philippines with 5G service, as it stepped up an aggressive rollout of the next-generation technology to meet rising demand for high-speed connectivity.

In a statement, the operator noted it ended 2022 with coverage in parts of 70 cities and towns, up from 29 at end-2021.

It claimed 5G service is available across nearly all of the countryā€™s three largest cities: Manila, Davao City and Cebu. Coverage also reached up to 97 per cent of the population in another ten cities.

The company didnā€™t disclose the number of 5G users or sites deployed at end-2022, but Q3 figures showed it ended September with 1,887 sites nationwide.

Ooklaā€™s Speedtest clocked the median download speed of the network in Q1 and Q2 2022 at 15.5Mb/s.

Globe allocated $1.9 billion on capital expenditures in 2022, up from $1.7 billion the previous year.

In December, the company announced plans toĀ cut capexĀ in 2023 by 30 per cent to $1.3 billion and target bringing capital spending down to $1 billion by 2024.

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