TradeTravelJournal.com | Globe At Home fiber capacity jumps 38.6% with aggressive builds | Leading digital solutions platform Globe continues to deliver fiber technology to more homes in the country, with capacity and customer base growing aggressively across the Globe At Home network. The company continues to expand its nationwide footprint to deliver #1stWorldNetwork connectivity to Filipinos.
Globe At Home’s fiber capacity registered growth as high as 38.6 percent quarter-on-quarter, giving access to high-speed internet for more and more Filipino homes.
On the other hand, its fiber customer base jumped by as much as 36.5 percent quarter-on-quarter, amid the continued shift in the Filipino digital lifestyle. This empowers more customers to maximize the power of digital technology in remote learning, digital entertainment, and livelihood and productivity at home.
Globe rolled out 1.4 million Fiber To The Home (FTTH) lines last year in response to the huge demand for faster connectivity at home. This aggressive fiber rollout has resulted in a staggering 208 percent increase in consolidated fiber take up for 2021.
FTTH is considered a more effective and reliable way to deliver data due to faster connection speeds, higher bandwidth capacity, and lower latency. It is more durable than bulky copper lines and is resistant to electromagnetic and radio signal interference.
“Putting fiber to homes remains a focus area for Globe as we aspire to expand our reach and market share. We continue to invest in this area as we continue to see huge potential to expand our fiber footprint nationwide,” said Barbie Dapul, Globe At Home VP for Marketing.
The accelerated digital habits of Filipinos amid the pandemic have yielded exceptional performance of Globe’s broadband business in 2021.
Globe At Home service revenues reached a 10 percent increase to a record-high of P29.4 billion in 2021 from P26.8 billion in 2020. This also surpassed 2019’s pre-pandemic revenues by 35 percent.
For this year, Globe has earmarked P89 billion in capital expenditures to ramp up the fiberization of Filipino homes nationwide, build new cell sites, upgrade existing sites to 4G/LTE, and accelerate the rollout of 5G connectivity.
The expansion remains driven by home broadband and corporate data, given the increased data consumption for work, education, health care, business, entertainment, and essential social interaction.
Making fiber more accessible to Filipino homes enables increased digital use and adoption in the country. This supports UN SDG 9 with focus on Industry, Innovation and Infrastructure.
To learn more about Globe, visit www.globe.com.ph.