Over 600 commercial properties have agreed to a no-lease arrangement for the in-building solutions (IBS) of Globe Telecom Inc.
“The properties giving free IBS space for telco solutions show zero leases is an achievable reality here,” Ernest Cu, Globe president and chief executive officer, said in a statement.
These commercial establishments, including malls, offices and hotels, demonstrate that a “zero lease” approach to telco infrastructure can be effective in the local market, Globe said.
The telco is spearheading a push for the nationwide adoption of a zero lease policy that will remove rental fees for IBS facilities within buildings. This aligns with successful practices in Australia, Singapore and Hong Kong aimed at reducing industry costs, fostering competitiveness and improving consumer digital connectivity.
In Australia, developers must fund pit and pipe works for premises to have essential utilities ready when completed. Singapore and Hong Kong require buildings to provide adequate telco space and access without charge.
Globe supports legislative efforts to institutionalize zero lease nationwide. Pending at the House of Representatives is House Bill (HB) No. 900, filed by Tarlac 2nd District Rep. Christian Tell Yap, which pushes for the classification of telecom facilities like IBS as mandatory infrastructure that multi-dwelling, commercial, office, school and hospital buildings must accommodate.
HB 8534, filed by Albay 2nd District Rep. Joey Salceda, explicitly prohibits charging telcos for provisioning services within properties.
“Globe is committed to working hand-in-hand with the government and the private sector to implement zero lease for telco infrastructure across the Philippines,” said Cu.
Globe said the Philippine telco industry can enhance competitiveness and funnel more resources into network upgrades and expansions by eliminating unnecessary rental costs and promoting infrastructure sharing.
