While many of us here in Malaysia are more adamant in fixing our current internet system and 4G within our own homes, it looks like our neighbours in the Philippines are already taking the next step in the race for 5G. If this goes well, this will make them the first Southeast Asian country to commercially provide 5G on a home level.
Philippines very own Telco company Globe Telecom Inc. will be handling the 5G wireless broadband for homes within the Philippines. “We made a crucial step in fulfilling our goal of connecting more Filipino homes,” Ernest Cu, president at Globe, said in a statement. Offering 5G speed, which is faster and more secure, will help the company’s 2020 goal of connecting 2 million households to its various home internet products from 1.7 million in the first quarter, Cu said.
The venture of Ayala Corp. and Singapore Telecommunications Ltd. will initially offer 5G packages in Pasig City in the capital region and in nearby provinces of Cavite and Bulacan. Globe’s share price was little changed at 2,218 pesos on Friday morning.
Globe’s statement didn’t say which company it tapped for the home 5G. Last month, a Huawei Technologies Co. Ltd spokeswoman in the Philippines said Globe and rival PLDT Inc. both committed to continuing 5G initiatives with the Chinese tech company.