Globe aims 1.3m broadband subscribers in 2010 (Phillipines)

www.WirelessFederation.com/news: 1.3 million Broadband subscribers in the year 2010 has been aimed by Globe telecom, a target which is nearly double the 715,000 it had at the end of 2009. The company also expects that country’s broadband subscribers will increase to about four million to five million in 2010 from last year’s total of 2.5 million.

$230 million of its planned $500 million capital spending for this year has been set aside by Globe to expand its broadband capacity and coverage.

484,000 new broadband subscribers were added by Globe in 2009 with 198,000 added in the fourth quarter alone.