Wednesday 15 February 2012

PIA News Dispatch - Tuesday, February 14, 2012

Aquino to lead Globe Telecom network modernization program launching

President Benigno S. Aquino III will lead on Wednesday the Globe Telecom network modernization program launching and contract signing in Malacanang.

Globe Telecom will seal its deal with Huawei for a $700-million Massive Mobile Network Modernization program to be rolled out nationwide within the next five years with Alcatel-Lucent to manage the project.

The modernization program, touted to be the most significant Globe Telecom investment in the last two decades, includes an all-IP infrastructure, pervasive 3D coverage, double fiber optics capacity, 4D and LTE readiness, and overall quality and resiliency.

At least $570 million of the total amount is expected to be spent this year and in 2013, according to the project proponents.

Once completed, Globe Telecom envisions a robust network that can provide unparalleled customer experience that will set the company apart from other competitors.

The new Globe network and IT system will not only address current customer needs but will also provide additional capacity for more sophisticated use of mobile and broadband technologies.

Customers can expect improved call quality under pervasive 3G coverage, rare dropped calls, and instantaneous SMS delivery as well as fast Internet access.

Globe Telecom, owned by Ayala Corp. and Singapore Telecom, is a leading telecommunications company in the Philippines. Among its products and services includes mobile, fixed, broadband, data connections, Internet and managed services.

Company officials who will attend the ceremonies will be Globe president and CEO Ernest Cu, interim Huawei CEO Eric Xu, and Alcatel-Lucent president Rajeev Singh-Morales.

Transportation and Communication Secretary Mar Roxas will also join the President in witnessing the contract signing. (PCOO)