Globe has just announced that it has signed an agreement with ISOC Infrastructure Inc. and Malaysia-based edotco Group Sdn. Bhd., to support the common tower initiative of the Department of Information and Communications Technology (DICT).
Ernest Cu, Globe President, and CEO, stated:
“ICT infrastructure is the foundation of a highly-connected digital economy. While we have made significant improvements on the quality of internet experience, there is still a large gap to fill so we can be at par with our neighbors in terms of infrastructure.”
Cu also added that ISOC and edotco will build an initial 150 sites for Globe. Chairman of ISOC Infrastructure Inc. Michael Cosiquien stated:
“ISOC and edotco are committed to help provide the Filipino people the information highway they deserve with the common tower initiative.”
Meanwhile, Suresh Sidhu, CEO of edotco Group Sdn. Bhd. expressed:
“Our efforts in the Philippines are motivated by the clear opportunity to reshape the telecommunications landscape and as an independent tower company, we are in the right position to facilitate and manage these advancements.”
The DICT aims to build at least 50,000 new common towers in the Philippines in the next seven to ten years. The agency also stated that it has plans to accelerate the building of 2,500 common towers in properties owned by government agencies.