Globe Telecom Inc. said on Wednesday its partnership with common tower companies will yield to a total of 900 new telco towers, which will help boost connectivity in the country.
Currently, the company’s partnerships with Aboitiz InfraCapital Inc. (AIC), ISOC-edotco, Transcend Towers Infrastructure (Philippines), CREI Philippines (CREI) and Frontier Towers & Associates (FTA) have “advanced to active acquisition and build phases.”
“The partnerships with tower companies will greatly complement the company’s target in expanding its capacity and coverage throughout the country. These projects will be a catalyst for change in the industry as telcos are empowered to deploy beyond their individual capabilities in a cost efficient manner,” Globe CFO Rizza Maniego-Eala said.
Globe’s partnership with the tower companies spans across different regions in the country. Based on their deals, Globe and the tower companies will build 900 sites in Cebu, Davao, Subic, Northern Luzon, and Southern Luzon.
Other sites are expected to be added within the year.
“These infrastructure partnerships demonstrate Globe’s commitment to improve the network quality experience of our customers. It is, likewise, highly supportive of the government’s initiative to increase ICT infrastructure in the country,” Maniego-Eala said.
She said her group is intensifying efforts to boost network capacity to support the growing demand for data amid the pandemic and beyond.