Globe on track for 2M homes fast broadband target by 2020

AYALA-LED Globe Telecom said it is on track to hit its target of rolling out broadband lines with speeds of at least 10 Mbps to 2 million homes by 2020 in line with its commitment to improve fixed internet service in the Philippines. In a statement, Globe President and CEO Ernest Cu said that the company is catching up on the deployment of infrastructure for home broadband, after focusing on mobile for many years.

“Globe is accelerating home broadband deployment and plans to roll out 400,000 ultra-fast broadband lines by end 2017. Progressive rollouts will be done within the next three years until 2020 to serve at least 2 million homes,” Cu said.