Tag: TELCOS

Philippines allows foreign ownership of telcos, airlines

  MANILA, Philippines (AFP) — The Philippines on Monday eased restrictions to allow foreign ownership of airline, telecommunications and shipping operators, as it seeks to boost jobs and spur activity in the virus-hit economy. The archipelago nation has long struggled to attract foreign money, as red-tape, corruption and political uncertainty scared off investors who instead pumped billions of dollars into neighbouring nations. The amendments to the 85-year-old Public Service Act are the latest effort to […]

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President Duterte tells telcos to improve services as new school opening nears

  (Eagle News) – President Rodrigo Duterte urged telephone companies or telcos to improve their services with the start of the school year this October 5, and the start of mostly online classes in the country. He noted that online learning is crucial amid the COVID-19 pandemic where face-to-face interaction is very limited. “Iyon lang po. Iyong telco, it’s school time. About a good percentage of our students — studentry are really dependent already on […]

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Rep. Yap: NTC “failure to maintain competition in use of communication facilities” should be addressed prior to entry of third telco player

(Eagle News) – The National Telecommunications Commission’s “failure to maintain an effective competition among private entities in the use of communication and radio facilities” needs to be addressed prior to the entry of the third telco company. Tarlac  2nd District  Rep. Victor A. Yap said this was to ensure that the third player will not be “eaten by the existing telco giants.” “The entry of a new player will not only provide competition to the existing […]

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