GLOBE Telecom, Inc. reported Wednesday that its commercial 5G service is now accessible in “17 markets.”
“In November’s first week, Globe’s 5G network already reached some areas in Davao Region,” Globe said in a statement.
Globe added that Metro Manila’s 5G network is on schedule” to reach “about 80%” of the city by December.
“The organization is driving improvements to its current infrastructure to further enhance accessibility, user experience and unlock enormous opportunities for its consumers as 5G technology is accessible in Bacolod, Boracay, Iloilo, Talisay, Lapu-Lapu, Cordova, Minglanilla and Cebu City in Visayas; and in Davao City and Cagayan De Oro in Mindanao,” it said.
Gil Genio, Globe’s Chief Technology and Information Officer, said: “We have a very successful 5G development in Metro Manila and expect to eventually cover 80% of it. We’re possibly in two-thirds by now. In addition, we’ve also started rolling out in six main cities in Visayas and Mindanao as part of the overall transition we’re making to carry 5G to more locations and customers in the world.”
Recently, Globe posted a 22% decline in its third quarter attributable net profits to P4.39 billion.
Its service revenue declined 3% to P36.68 billion, led by a gradual reduction in standard voice and smartphone SMS.
Ernest L. Cu, Globe’s president and CEO, said the organization plans to create more fiber to homes in 2021.