13 August 2014

Philippines’ Fastest Internet Provider is GLobe Telecom Says OpenSignal.com

Globe Telecom is the Philippines' fastest internet provider according to OpenSignal in terms of upload and download speeds.

OpenSignal selected 10 cities in the country to get the statistics. The data showed that Manila, Quezon, Caloocan, Davao, Cebu, General Santos, Taguig, Pasig, Antipolo and Zamboanga have averaged of 2.40 Mbps download speed and averaged of 1.37 Mbps upload speed compared to other competitors.

screenshot of Opensignal (http://opensignal.com) as of August 6, 2014, 3pm.
“These findings reflect the superior network quality and performance that we aimed for through our modernization initiative. We will continue to optimize our already modernized network in line with our commitment of further advancing our network infrastructure to enable us to stay ahead of our customers’ growing demand for bandwidth,” Globe President & CEO Ernest Cu said.
First telecommunications company in the Philippines

Globe is the first teleco company in the Philippines to achieve 100% 3G coverage for its entire network. It also expects to fully equip its network with the more advanced 4G infrastructure.

In business side, Globe already secured the approval from SEC to issue P10 billion plus worth of non-voting preferred shares.

Net profit growth

Globe Telecom also posted a core net profit growth of 18% in the first half of the year. The service revenues in the January to June was totaled of P47.7 billion. Net profit stood at P6.8 billion, almost a four-fold increase from P1.4 billion a year earlier.

Source: Globe Telecom


Featured Offers: