Globe urges investment policy shift

TechnologyBusiness & Finance
16 Feb 2026 • 12:05 AM MYT
The Manila Times
The Manila Times

One of the longest-running English broadsheets in the Philippines

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GLOBE Telecom Inc. President and CEO Carl Cruz recently called for practical policy reforms to enable efficient telecommunications infrastructure development and make internet services more reliable.

“Filipinos deserve more than access, they deserve quality. That means policy must shift to enable inclusive, long-term strategic investments supporting the country’s digital connectivity roadmap,” Cruz said in his speech during the PH Telecom Summit 2026 earlier this month.

The Globe CEO said that structural cost and operational barriers needed to be lowered to make digital services more affordable and accessible to a broader segment of the population, noting that connectivity had become a necessity.

“The industry heavily relies on investments and capital expenditures to deliver services to the country. To move forward, government and industry must collaborate so that investments are protected and the industry gains translate to real benefit to customers in terms of universal access, reliable and consistent service that’s affordable to many,” he said.

“Connectivity shouldn’t be a luxury. It’s the backbone of how people work, learn, and live today.”

Commenting on the Konektadong Pinoy Act, Cruz cited Globe’s measured support for the law, citing opportunities and improvements in the implementing rules and regulations that addressed earlier concerns around security, infrastructure protection and fair competition.

The Konektadong Pinoy Act opened the country’s data transmission market to new entrants by removing the congressional franchise requirement in a bid to expand access and encourage investment in underserved areas.

Cruz noted that Globe had worked closely with government to ensure that new players were subjected to strict cybersecurity vetting and certification.

The telco, he added, is also pushing for rules to protect existing infrastructure from duplication or disruption and advocating for fair and transparent spectrum allocation, particularly with the rise of satellite providers.

“Along with protection from long-term strategic investments, we also need rules that balance openness with accountability, especially around infra use, security standards, and spectrum coordination,” Cruz said.

Globe shares on Friday closed at P1,702.00 apiece, down by P23.00 or 1.33 percent.

 

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