Globe Telecom Inc. said that 3G (third generation) technology use for internet connection has dropped by almost half since May last year as more of its customers shifted to faster network technology.
The company in a press release on Friday said that the number of its customers using 3G dropped by 47.4% from May 2020 to January this year.
In that same period, the number of customers using LTE (Long Term Evolution) technology increased by 34%.
Globe Senior Vice President for Program Delivery, Network Technical Group Joel Agustin said that more of the company’s customers turned to 4G LTE to connect their devices for work and school during the lockdown.
“We have been anticipating the decline in 3G users as more customers are realizing the benefits of using 4G LTE for better data experience and faster internet speed,” he said.
The company expects 4G LTE use to increase further as it expands its network.
Globe Telecom shares closed at P1,870 apiece on Friday, down P70 or 3.61%. — Jenina P. Ibanez