ADVERTISEMENT
Filtered By: Money
Money

Globe says its on track to install 1M fiber lines this year


Ayala-led Globe Telecom Inc. said Tuesday it is on track with its plan to install an additional one million fiber-to-the-home (FTTH) lines by the end of 2021.

At a virtual press conference, Globe vice president and head of Broadband Business Darius Jose Delgado said, “We are very much on track towards that end.”

Delgado said the plan to put up one million FTTH lines is part of Globe’s P70-billion capital expenditure program this year.

The deployment of FTTH lines is aimed at meeting the rising demand for faster internet service amid online classes and work from home arrangements during quarantine.

“They cannot live without the internet for a single moment, a single second, or a single day,” Delgado said.

Globe earlier said that as part of its home broadband modernization drive, all of its remaining copper lines will be upgraded to fiber to ensure better data experience and stable connection.

A fiber connection can provide a maximum speed of 1 Gbps compared to a copper ADSL’s maximum speed of 15 Mbps.

The telco said a higher bandwidth translates to more capacity to download or upload large files faster, stream high-definition videos and webinars, and run multiple online programs simultaneously, among other benefits.

“Having a high-speed and reliable internet connection is now a necessity given the pandemic’s impact on our daily lives,” Delgado said.—LDF, GMA News

Tags: Globe fiber