Globe to Deploy Fiber Optic Networks in Binondo

Philippines based Globe Telecom said that it has signed an agreement with the city government of Manila to deploy fiber optic broadband technology in Binondo, which considered to be the oldest Chinatown. Globe’s rollout will provide faster internet connectivity to the residents and businesses in the town with speeds of up to 1 gigabits per second. Globe Telecom had requested…

Globe Invests in Expansion of Fiber Optic Networks

Philippines based Telecommunications provider Globe Telecom (Globe) invests majority of its 2016 capital expenditure of $750-million to install fiber optic cables. Globe intends to install high speed fiber optic communication lines to 20,000 communities all over the country. This expansion is necessary to make the telecommunication provider competitive in the market. Globe president and chief financial officer (CEO) Ernest Cu…