• The Financial District


Globe Telecom has racked up its home broadband business which amounted to P12.5 billion in the first half of this year, up by 19 percent from its year-ago level as it continued to push through its network expansion program even with the quarantine lockdowns that occurred in several parts of the country.

The telco’s home broadband subscriber base has similarly ratcheted up by a hefty 58 percent and now counts on 2.9 million subscribers to become the market leader in subscriber share.

As of the first semester of 2020, Home Prepaid Wi-Fi (HPW) data traffic soared to 182 petabytes from 45 petabytes in the same period of 2019. This represents a 304% increase compared to the same period in 2019, deemed a remarkable feat amidst a pandemic.

“Our Globe At Home business truly made remarkable gains this first half.  We are happy with the results and will continue to push forward to serve the needs of customers doing work from home,  distance learning and those that are transforming their businesses to digital means, ” said Ernest Cu, Globe President and CEO.

To sustain these efforts, Globe is bent on boosting its network expansion in many provinces all over the country amid travel restrictions and varying degrees of community quarantines.  The company has invested a total of PHP 20.9 billion for its network in the first half of the year, 10% higher than last year.

“We have shown resilience and will continue to remain steadfast even with this pandemic. Our network builds this third quarter will expand our capability to serve and ensure that our customers remain connected and updated. We expect more opportunities for  the rest of the year as demand for internet connectivity and cloud solutions continue to grow with more companies adapting to the new normal,” Cu added.

Globe launched its 5G services for its Globe At Home customers in 2019, the first mobile operator to do so in Southeast Asia.

Meanwhile, local government units such as Iloilo City ,Manila, Makati,  Pasig, , Bataan, La Union, Baguio City, Zamboanga, Pangasinan, Batangas, and Pampanga are just some of the 266 key areas that are working to harness the power of improved connectivity for their constituents.

“We were able to work with these cities and provinces because the local government understood the importance of connectivity for their constituents, especially at this time when communication is vital for the people,” Cu.

For instance, in Iloilo, Mayor Jerry Treñas expressed the city’s readiness to work with the telco company, “Under the new normal, education will be partly through online. We will work with Globe and other stakeholders to improve the internet capability of schools and also the barangays, so that no student will be left behind once the classes start,” Treñas said. 

In Makati City, Mayor Abby Binay has paved the way to improve connectivity and pioneering financial inclusion for its constituents. Since 2017, Makati has employed GCash QR codes for micro small medium entrepreneurs (MSMEs) such as Jollijeeps, sari-sari stores and some of the city’s transport systems. “It’s a big help for both the city and its residents not only because it’s a faster way of transferring money for everyday use, but also because it promotes public health by avoiding physical contact,” said Binay.  Globe was able to provide GoWiFi to 27 barangay health centers, inside the Makati City Hall and the University of Makati, providing better WiFi experience for Makati constituents.

In Manila, connectivity has made possible free access to online learning platforms for public school students. We hope that through this initiative and with Globe’s relentless service, more public school students and teachers can maximize digital tools to create conducive and safe learning environments,” said Manila Mayor ‘Isko Moreno’ Domagoso.

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@2020 by The Financial District