Globe Telecom built 116 new cell sites and upgraded 812 mobile sites to LTE in Q1 2021, with plans to invest $1bn in 2021 for expansion.

Globe Telecom Inc. built 116 new cell sites and upgraded 812 mobile sites to LTE in Q1 2021, a decrease from 220 new cell sites and 3,000 upgraded sites in the previous year. The company plans to invest $1bn in 2021 for expansion and has deployed 19,544 FTTH lines. Globe aims to improve service consistency and customer experience while reducing capital expenditures to $1bn from $1.3bn by 2023.