Broadband prices down 60%

MANILA, Philippines — Broadband services offered by Globe Telecom Inc. have become more affordable over the last four years, with prices declining by more than half, the company said.

Globe said sustained efforts by the company to improve its network performance over the years have resulted in cheaper internet services to broadband customers.

According to the Ayala-led telco, prices per gigabyte (GB) of all Globe broadband services such as Globe At Home Prepaid WiFi, Globe At Home Postpaid VDSL and Fiber, and Globe at Home Postpaid LTE have gone down by more than 60 percent in the last four years.

From as high as P26 per GB, the firm said Globe At Home Postpaid LTE has dropped to P9 per GB over the last two years.

Globe at Home Prepaid WiFi customers, meanwhile, now pay P9 per GB from as high as P23 in 2017.

Globe At Home wired customers, on the other hand, now have unlimited data access compared to paying up to P13 per GB in 2016, the telco said.

“Investments in the network are done every year to improve internet experience at home. We use the latest technologies such as 4G/LTE and 5G to improve speed and quality  of experience.  We are also accelerating the deployment of fiber optic cables to provide a seamless experience for multiple internet users inside the home,” Globe head of broadband business Darius Delgado said.

“As we widen our footprint for broadband, we likewise make the services more affordable. We have a whole range of broadband offers suited to one’s budget and internet usage,” Delgado said.

Aside from affordable broadband services, Globe said price per GB for its prepaid customers is also among the lowest in Southeast Asia.

The firm said its P11.25 per GB with its new Go prepaid promo is more affordable compared to Thailand at P190.59, Singapore at P35.60, and Indonesia P32.76.

Globe’s home broadband subscriber base stood at nearly 2.9 million as of end June.

Globe expects the number to continue growing as more households gear up for working and learning from home as public schools reopen in October.

“The potential of home broadband remains a source of inspiration for us. This segment is largely untapped so there are a lot of households that are looking to be connected. We hope to fill this demand with our aggressive network roll out in the second half not only in urban areas but even in provinces all over the country,” Globe president Ernest Cu said.