The consortium building what is described as the “longest undersea cable network of its kind” in the country, with an investment of $150 million, is on track to complete infrastructure deployment in the second quarter.
Globe Telecom Inc. President Ernest L. Coe said that the Philippine Domestic Submarine Cable Network (PDSCN) will be completed by April, a milestone that will “further promote digitization in the countryside.”
As the Philippines continues to build a digital economy, Globe is steadfast in its efforts to provide fast and reliable connectivity to all. We are committed to supporting the government’s initiatives towards innovation and e-governance and increasing digital adoption among Filipinos through our investments in PDSCN and other network infrastructure.
The consortium consists of Globe and Eastern Communications Philippines Inc. and InfiniVAN Inc.
PDSCN, which has a total cable distance of 2,500 km, will soon start running terrestrial cables in nine remaining segments covering 13 locations: Calatrava, Romblon; Basacao, Camarines South; Moon, Sorsogon; Calbayog City, Samar; Palanas, Masbate; Mactan, Cebu; Seti Machine, Leyte; Claver, North Surigao; Kinoguitan, east of Misamis; Camiguin. Dipolog, North Zamboanga; Liloy, northern Zamboanga; and Zamboanga City, south of Zamboanga.
The partners began deploying said infrastructure in July 2022. To date, they have completed 15 parts of the subsea cable system.
As the PDSCN project nears completion, Globe is shifting its focus toward capital efficiency and optimization, with plans to cut its capital expenditure budget to $1.3 billion in 2023 and $1 billion in 2024 from about $1.9 billion in 2022.
The move aims to optimize spending in the next few years by maximizing the utilization of fiber assets and leveraging arrangements with tower companies to boost tower construction.