Globe Telecom Inc. said Tuesday owners and developers of 615 properties across the Philippines agreed to provide space for in-building solutions (IBS) at no cost.
“The properties giving free IBS space for telco solutions show zero lease is an achievable reality here,” said Globe president and chief executive Ernest Cu.
“Their visionary stance paves the way for collaborative infrastructure policies that will help uplift our digital economy and society, altogether accelerating the country’s digitalization journey,” he said.
Globe is spearheading a push for nationwide adoption of a zero-lease policy that will remove rental fees for IBS facilities within buildings.
This aligns with successful practices in Australia, Singapore, and Hong Kong aimed at reducing industry costs, fostering competitiveness, and improving digital connectivity for consumers.