Globe improves over 3K mobile sites to LTE and constructs 220 new towers in Q1

To address the dynamic and changing needs of its customers, Globe constructed 220 new cell towers and updated over 3,000 mobile sites to LTE in the first quarter of the year.

The company’s rollout of 118,000 fiber-to-the-home (FTTH) connections was less than it was the year before because it focused on better leveraging its current fiber inventory and catering to the underserved prepaid fiber market.

The development of free cash flow for Globe is being concentrated on this year for operational sustainability. In order to honor this commitment, it reduced capital spending to P17.6 billion for the months of January through March, a 16% decrease from the same period the previous year.

Globe expects its overall CAPEX to drop to USD 1.3 billion this year from high levels in the previous three years as it takes advantage of various opportunities to quicken network expansion and customer experience enhancements.

“Our focus this year is to ensure that we sustain the quality of experience, reliability and consistency of our network. Adding to this is using automation to bring down our operating costs. We have also optimized our infrastructure on the ground to decrease CAPEX spend, even as we remain committed to continuously improve our services,” said Globe Group President and CEO Ernest Cu.

“The continued advancement of technology to deliver better service performance and improved network efficiencies allows Globe to remain focused on improving connectivity across the nation, service availability, and customer experience,” Rebecca Eclipse, Globe Chief Customer Experience Officer and Head, Strategy Management, added

In the first quarter of 2023, Globe once again established itself as the most reliable and stable network, a prestigious title that was awarded to only a select few carriers worldwide. This success demonstrates Globe’s dedication to offering a #1stWorldNetwork.

Globe has held the title of “Most Reliable Mobile Network in the Philippines” for the fourth consecutive quarter, according to Ookla®. It also achieved the best All Technology Consistency Score of 83.39 percent in the first quarter of 2023.