Latest screenshot of Opensignal (https://opensignal.com) as of August 6, 2014, 3 p.m.

MANILA, Philippines - Globe Telecom said it provides the fastest Internet service in the country, quoting a report by OpenSignal which crowdsources cellphone signal strength.

In a statement, Globe cited Philippine download statistics from OpenSignal that showed the telco's downlink speed in 10 selected cities in the country averaged 2.40 Mbps. This was faster than the competitions’ average downlink speed of 1.21 Mbps and 0.84 Mbps, respectively.

The 10 selected cities are Manila, Quezon, Caloocan, Davao, Cebu, General Santos, Taguig, Pasig, Antipolo and Zamboanga.

On the other hand, OpenSignal's upload statistics showed that Globe's average uplink speed of 1.37 Mbps in those ten cities also bested the competition's average upload speed of 0.98 Mbps and 0.42 Mbps, respectively.

"These findings reflect the superior network quality and performance that we aimed for through our modernization initiative. We will continue to optimize our already modernized network in line with our commitment of further advancing our network infrastructure to enable us to stay ahead of our customers’ growing demand for bandwidth," Globe President & CEO Ernest Cu said in a statement.

Globe is the first telecommunications company in the Philippines to achieve 100 percent 3G coverage for its entire network.

The telco, owned by Ayala Corp and Singapore Telecom, said it also expects to fully equip its network with the more advanced 4G infrastructure, using the HSPA+ technology, by the end of the third quarter.