Globe ramps up network spending with P26.3B H1 capex

Globe Telecom increased its capital spending by 39 percent in the first half of 2026 as it poured more funds into network expansion and digital infrastructure, with 5G coverage reaching more than 98 percent of the population in Metro Manila and key cities.

The telco invested P26.3 billion in capital expenditures during the six-month period, with about 91 percent going to data-related initiatives aimed at expanding network capacity and improving service quality.

Capital expenditures were equivalent to 31 percent of Globe’s service revenues during the period.

5G expansion

In a statement, Globe said its 5G outdoor population coverage has surpassed 98 percent across Metro Manila and key cities in the Visayas and Mindanao.

The company has also expanded its 5G footprint outside key cities, where coverage has reached at least 80 percent of the population.

The rollout is intended to address growing demand for mobile data while bringing next-generation connectivity to more areas outside major urban centers.

“Globe’s continued investments in network infrastructure are about more than expanding capacity, they are about delivering a better everyday experience for our customers and ensuring that more Filipinos can benefit from reliable, high-quality connectivity,” Globe president and CEO Carl Cruz said in the statement.

“By strengthening our networks and extending our reach, we are helping bridge the digital divide and creating more opportunities for people, families, and communities across the country to participate fully in a more connected future.”

Globe president and CEO Carl Cruz
“By strengthening our networks and extending our reach, we are helping bridge the digital divide and creating more opportunities for people, families, and communities..." 

Network gains

Globe said its investments have also translated into improvements in network performance and customer experience.

Citing Ookla Speedtest Intelligence data covering the second half of 2024 through the first half of 2026, the company said it was recognized as the Most Consistent Mobile Provider for four consecutive periods.

It also received the Widest Mobile 5G Coverage recognition twice in a row and Most Consistent Home Internet recognition for two consecutive periods.

Globe said the continued infrastructure rollout supports broader efforts to improve digital inclusion by strengthening the country’s connectivity backbone.

Spending discipline

Despite the 39-percent increase in first-half spending, Globe said it remains on track to keep its full-year capital expenditures below $1 billion.

The target reflects the company’s strategy of balancing continued network investments with financial flexibility.

Globe said it would continue directing investments toward areas that improve network performance and customer experience as demand for faster and more reliable connectivity grows. —Ed: Corrie S. Narisma

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