Telecom companies are ramping up fiber network rollout nationwide to serve the rising demand for high-speed broadband from consumers.
“We are now seeing tremendous growth in our fiber subscribers. There’s still latent demand in the industry, and we will continue our accelerated fiber rollout to capture that demand. In the coming quarters,” said Globe Telecom chief commercial officer Issa Guevarra-Cabreira.
Globe said to improve internet experience, it provides customers free migration to fiber.
“Clearly, our customers already prefer the wired solution. As we brought them out of our wireless and legacy technology, then we will see growth in the coming months,” she said.
Globe’s fiber broadband takeup jumped by 155 percent from January to March this year compared to the same period in 2021, pushing fiber revenues up by 164 percent.