Business
Globe Telecom’s Ernest Cu Retains Spot As One of Most Powerful Telecom Executives Worldwide
Globe Telecom President & CEO Ernest Cu retained his spot as one of the most powerful telecommunication executives in the world following his inclusion on the elite list of Global Telecoms Business Power 100 for 2016. Again, Cu is the only Filipino executive to make it to the Power 100 and among the top 10 in Asia.
Similar to the new selection process it adopted last year, inclusion in this year’s list of Power 100 was divided into a number of different categories such as operators in various parts of the world, over-the-top and content providers, hardware companies, handsets and chips.
Cu was listed in the Top Ten Operators from Asia. Officially appointed as President & CEO of Globe in April 2009, Cu has been passionately driving a sweeping transformation across the company, including modernizing its network and IT infrastructure, creating a collaborative and service-oriented culture, and product innovations in its mobile business. Under his visionary leadership, Globe has outperformed industry growth with the company breaking records across all key product groups, brands and market segments by making the Globe brand as the purveyor of Filipino digital lifestyle. The company is now recognized as the number one mobile brand in the country.
Cu is currently leading the company in elevating the state of internet in the Philippines by maximizing the newly assigned 700Mhz spectrum to provide a faster mobile internet experience to its customers and by investing heavily to improve the fixed-line internet to connect 2 million families nationwide by 2020 and. With this, Globe managed to drive the mobile internet speed ranking of the Philippines in the top 6 in Asia Pacific with an average speed of 8.5Mbps according to the 2nd quarter Akamai State of the Internet report. The country has now a mobile internet connection speed faster than Singapore, China, Hong Kong, Malaysia, Thailand and Vietnam.
Aside from Cu, other telecom executives included in the Top Ten Operators from Asia include Mukesh Ambani, Managing director, Reliance Jio; Alex Jinsung Choi, CTO, SK Telecom; Chua Sock Koong, CEO, Singtel; Li Ka-shing, Chairman, CK Hutchison; Sunil Bharti Mittal, Chairman, Bharti Airtel; Andy Penn, CEO, Telstra; Masayoshi Son, CEO, SoftBank; Hiroo Unoura, CEO, NTT; and Shang Bing, Chairman, China Mobile.
Global Telecoms Business is the only magazine and website dedicated for senior executives of telecommunication companies worldwide.