Globe issues statement on Telstra pullout

This new development about Telstra ending its plan of entering the Philippine market doesn’t change anything as regards to our business direction.

The more serious concern is why SMC is being allowed to hold on to the entire 700 Mhz band.

We call on the NTC to immediately distribute the 700 Mhz for fast deployment of high-capacity LTE based wireless and fixed broadband that would benefit the entire country.

At present, the Philippines is one of two remaining countries in Asia Pacific with pending issues that prevent the utilization of the 700 Mhz frequency.