Globe Telecom Inc. is looking at new cable system alliances to increase its international network capability.
Ernest Cu, president and CEO of Globe confirmed that negotiations for global submarine cable systems are ongoing.
“We are regularly in constant talks with all of these cable systems being planned globally. They all have different routes, they all have different facets, and we have to find the right one that suites us,” Cu said.
“We’ve been in business for many, many years, and once we hit certain thresholds in terms of capacity usage, we trigger an investment to these cable systems,” he said.
Cu stated that announcements would be made until agreements with other parties were concluded.
“As you know, these cable systems take many years to build, so we engage them probably about two to three years prior, make the investments on a progressive basis, and then land a cable in the Philippines,” the Globe executive said.
With its $250 million Southeast Asia-United States (SEA-US) submarine cable system, Cu stated that Globe is currently in a good position to counter the increasing use of internet services.
The submarine cable project launched in 2017 by Globe and other companies in the SEA-US consortium provides direct links between Davao and the United States for richer and enhanced international connectivity.
Globe meets customers’ and businesses’ telecommunications and technology needs with a comprehensive suite of products and services that includes mobile, wired, cable, data connectivity, internet, and managed services.