GLOBE Telecom, Inc.’s fifth-generation (5G) network became commercially available in Pasig City over the weekend.
In a statement Tuesday, the telecommunications giant said its next-generation fixed wireless broadband service was launched for consumer use last July 27 in Brgy. Buting, Pasig City.
“We are now transforming more Filipino households to be digitally connected using 5G technology, especially in areas where we encounter challenges in rolling out fiber-optic cable,” Globe Senior Vice-President and Head of Broadband Business Martha Sazon said in the statement.
The Ayala-led telco is making its 5G service available to home subscribers for the initial rollout, dubbed commercially as Globe At Home Air Fiber 5G.
It is targeting to continue the deployment of 5G in September, bringing it to Greenpark in Cainta, Rizal; Woodland Hills in Carmona, Cavite; and Carissa Homes 2A and 2B, Palmera Homes in San Jose del Monte, Bulacan.
Ms. Sazon said the expansion of 5G will come in phases and is eyed to eventually reach 24 more areas across the country.
The 5G service of Globe is marketed to reach up to 100 megabits per second (Mbps) for a subscription price of P2,899 per month. It is also offered at a cheaper rate of P2,499 per month for a maximum internet speed of 50 Mbps, and P1,899 per month for a maximum speed of 20 Mbps. These promos are all backed with a data allocation of 2 terabytes.
Globe booked an attributable net income of P6.7 billion in the first quarter, up 44% year on year on the back of a robust growth of its data services.
It is allocating P63 billion for capital expenditures this year to support the enhancements of its data services. — Denise A. Valdez