Globe Telecom has announced that it will launch its fifth-generation (5G) services in June 2019. Globe will roll out 5G in selected areas, particularly in Metro Manila, with a promised speed of 100 Mbps.
“One of the most exciting things that telcos globally are looking at is 5G technology… We are launching 5G for the home in June this year,” said Globe President and CEO Ernest L. Cu at the company’s annual stockholders’ meeting yesterday.
“5G technology will push adoption of Internet of Things (IoT), which is seen to become a critical engine for future growth for the telco industry… It will also change the way different industries operate and serve their customers, such as the use of safer and more efficient management of cities, smart grid and smart metering for power transmission and distribution, asset management, and advanced medicine,” Cu added.
Globe is partnering with Chinese tech giant Huawei Technologies Co. Ltd. for the development of the 5G network, which will initially be available to home broadband customers while mobile 5G for smartphones will be launched by the end of the year.
In June of last year, Globe announced that it will introduce 5G in the second quarter of 2019. “We have been preparing our network for sometime now with our existing vendor partners, including Huawei Technologies. We are happy to bring the Philippines in line with other countries that are early adopters of 5G. Once again, we stay true to our commitment to bring first-world Internet in the country,” Cu said.
Although the promised speed of 100 Mbps falls short of the global average (The US’ T-Mobile, for example, offers speeds of up to 450 Mbps), it’s still a marked improvement over 3G and 4G in terms of latency and download and upload speeds.
Globe is setting aside ₱63 billion this year to improve its Internet services. The company hopes to increase its average broadband speed from 17 Mbps to 50 Mbps by 2020.