Globe Telecom eyes new offerings amid competition

Globe Telecom Inc. said Wednesday it is eyeing new offerings to strengthen its leadership in the mobile sector and regain business momentum despite the mobility restrictions as it continues to gear up for increased competition.

Globe president and chief executive Ernest Cu said the company would roll out new offers for more than 80 million subscribers to address changing consumer behaviors that arose from the pandemic.

“Globe is stepping up its efforts so you will start to see more aggressive offers that will give the people basically more value for their money,” Cu said.

London-based Fitch Ratings said the entry of DITO Telecommunity would further intensify competition in the local landscape.

Cu, however, said the third player had not yet made a dent on the telco industry. “Certainly at this point, we don’t see that [effect] yet given the very wide disparity in coverage between them [DITO] and the two incumbents,” said Cu.

DITO only runs on 4G and 5G networks that cater mostly to data services and not voice calls and SMS.

Globe is pushing its network rollout which includes site upgrades to 4G/LTE, 5G mobile expansion and rollout of more fiber-to-the-home capabilities.

The company also continues to deploy mobile and broadband services regardless of community quarantine status to address the demand for connectivity which is vital especially during this period.

Globe-at-Home has been upgrading its subscribers to higher technology for better connectivity experience. Its latest fiber plan called UNLI FIBER UP provides customers with fast and reliable internet for the whole family’s needs, plus health essential and entertainment freebies.

The company earmarked P70 billion in capital expenditures this year as it aims to deliver first-world internet connectivity for the Filipinos. The budget will be used to build and upgrade more sites and install 1 million fiber-to-the-home lines.

Topics: ​Globe Telecom Inc. , Ernest Cu , DITO Telecommunity , Fitch Ratings
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