MANILA, Philippines - Globe Telecom Inc. has set aside $51.5-million for modernizing its network in central and souther Philippines.
In a statement, the telco said this is on top of its ongoing $700-million network modernization and transformation project.
Globe Telecom said it will be swapping old core switches to next-generation network equipment to increase capacity and provide better services to subscribers.
"This will make our network more resilient while providing additional capacity to our subscribers... This undertaking gives our customers improved network performance and a more reliable service," Robert Tan, Chief Technical Adviser at Globe Telecom, said in the statement.
"[I]t would also be easier for them (subscribers) to get broadband service with the new system in place," he added.
The Ayala-led telco has already modernized its network in Makati, Mandaluyong, Pasig and Marikina in early 2010.
Meanwhile, the following provinces are already with improved landline and wired Internet services: Aklan, Iloilo, Roxas, Antique, Biliran, Siquijor, Guimaras, Lanao del Norte and the islands of Negros, Leyte and Samar.
Globe Telecom is set to upgrade its network in Cavite, Batangas, Cebu and Bohol this year.