Globe Telecom CEO Ernest Cu on President Duterte’s order on telco companies to improve their services in the next five months or the country will do away with them:
WE HEED THE CALL OF THE PRESIDENT TO IMPROVE TELCO SERVICES.
This year, Globe earmarked USD1.2 billion in CAPEX, most of which goes to network and capacity builds. These substantial investments are paying off as we experience marked service improvements. In fact, we are being cited globally for having improved internet experience.
Despite this, the industry is not without its challenges. We have been experiencing long-drawn permitting process across LGUs, HOAs, and national agencies in our cellsite builds and laying down of fiber to homes, but we are positive that with the policies being enacted by the DICT, we will be able to fast-track builds of telco towers for a more robust connectivity and internet services for every Filipino.
Ernest Cu
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