spot_img
27.6 C
Philippines
Friday, March 29, 2024

Globe, China firms sign $750-m deals

- Advertisement -

Globe Telecom Inc. said it signed several agreements with  Huawei Technologies, Nokia and Wuhan Fiberhome International Technologies worth $750 million over five years to accelerate the use of new long-term evolution technologies to enhance data services and improve customer experience.

“Globe is deeply committed in giving a wonderful experience to our customers by continuing to build and invest on our network. We are confident that our collaboration with Huawei, Nokia and Wuhan FiberHome will translate into a more robust Globe network that will meet the country’s future digital demands,” Globe president and chief executive Ernest Cu said.

The agreements signed by Globe include the deployment of new LTE spectrum in the country.

Cu and Globe director Fernando Zobel de Ayala signed a memorandum of confirmation with Chen Yuhua, the head of Nokia international business, relating to the implementation of this project in the Visayas and Mindanao.

A similar memorandum of confirmation was signed between Globe and Huawei chief executive Kevin Gao, relating to the deployment of LTE spectrum in Luzon.

- Advertisement -

This project aims to provide wider LTE coverage and better indoor penetration, through an estimated 4,600 sites in the country.

The project will increase data and fixed-wireless broadband capacity to provide telecommunications services in many areas in the country that at present have no access to broadband services.

The project will strengthen telecommunications infrastructure and address the adverse impact of typhoons that constantly hit the country and enhance support to the government’s thrust for higher availability of broadband internet services.

“This is a significant agreement with a longstanding collaborator.  It strengthens Nokia’s position as Globe Telecom’s premier end-to-end solution provider,” Mike Wang, president at Nokia Networks Greater China, said.

“We are committed to delivering technologies that allow operators to smoothly transit to intelligent, virtual networks and seamless connectivity, to change how people communicate and connect,” he said.

Gao said Huawei was very happy to sign the MoC.

“Through these cooperation, we hope to provide high quality products and professional services and work with our Philippine partners to bring a better connected service to this country,” Gao said.

Globe also signed a separate memorandum of confirmation with Huawei and Nokia relating to a capacity expansion program for its corporate data network.

The fixed line network modernization project will improve the quality of its corporate network with capabilities, capacities, features and functionalities that are constantly responsive to business and enterprise requirements.

The project will re-design and transform the network to make it future-proof and meet specified minimum engineering and technology end-state requirement, making the network more agile in serving the heavy data traffic of its enterprise customers.

Globe signed another memorandum of confirmation with Huawei and Wuhan FiberHome relating to the company’s plan to build a fiber infrastructure to support the rollout of fixed broadband lines in Filipino homes.

- Advertisement -

LATEST NEWS

Popular Articles