Globe eyes 587K broad­band lines

Manila Times - - BUSINESS - LISBET K. ESMAEL

GLOBE Tele­com claims to be on track to meet its tar­get to de­ploy more than 500,000 broad­band lines this year.

The com­pany said on Mon­day that it was tar­get­ing to roll out 587,000 broad­band lines this 2017, higher than the 336,000 lines de­ployed a year ago.

Joel Agustin, Globe se­nior vice pres­i­dent for Pro­gram Gover­nance, Net­work Tech­ni­cal Group, said the com­mer­cial de­ploy­ment of mas­sive mul­ti­ple in­put, mul­ti­ple out­put ( MIMO) tech­nol­ogy is help­ing the com­pany’s goal to reach its tar­get of ex­tend­ing more broad­band lines across the coun­try so as to pro­vide faster in­ter­net con­nec­tiv­ity of at least 10 megabits per sec­ond by 2020.

The telco said it has al­ready de­ployed the MIMO tech­nol­ogy for home broad­band in 106 sites in dif­fer­ent parts of the Philip­pines.

“[ T] he 106 sites of Mas­sive MIMO for home broad­band is ca­pa­ble of de­ploy­ing up to 60,000 high- speed broad­band lines in neigh­bor­ing ar­eas,” Pineda said.

The MIMO tech­nol­ogy would in­crease the ca­pac­ity of a wire­less con­nec­tion with­out re­quir­ing more an­ten­nas, al­low­ing more us- ers to use higher data rates, he said.

Globe ear­lier said net in­come in rose 11 per­cent to P13 bil­lion from the P11.7 bil­lion recorded a year ago, boosted by its mo­bile and broad­band seg­ments.

Con­sol­i­dated rev­enues im­proved by 6 per­cent to P95.1 bil­lion with mo­bile data ser­vice rev­enues con­tribut­ing P31.3 bil­lion, up 20 per­cent from a year ago, and the home broad­band unit gen­er­at­ing rev­enue of P11.7 bil­lion, up 8 per­cent, driven by de­mand for in­ter­net na­tion­wide.

Newspapers in English

Newspapers from Philippines

© PressReader. All rights reserved.