Monday 21 May
Powered by Ajaxy
Jun 3, 2016 @ 9:48

PLDT, Globe vow to improve Internet service in a year

 

PHILIPPINE LONG DISTANCE Telephone Co. (PLDT) and Globe Telecom, Inc. on Thursday vowed to deliver improved Internet service to their customers in a year. This comes a day after the National Telecommunications Commission (NTC) warned the two telco giants to boost Internet speeds within a year or it will revoke its approval for them to take over the 700-megahertz (MHz) spectrum owned by San Miguel Corp. (SMC).

“Yes, we heard that. I think we could deliver. I think we’ll be able to see improvements immediately in certain spectrums. But we need a bit more time, between three to six months for the 700 MHz,” PLDT President, Chairman and Chief Executive Officer Manuel V. Pangilinan told reporters.

“When we entered into this transaction, we already made a commitment to progressively improve mobile internet services to our customers over a period of 12 months. Ultimately, this transaction was really meant to accelerate improvements in mobile [I]nternet service by using idle frequencies for public good,” Globe Senior Vice-President for Corporate Communications Ma. Yolanda C. Crisanto said in a mobile text message.

Tags: , , , ,

Related Stories
Publicly-listed conglomorate San Miguel Corp. (SMC) is eyeing to invest in around seven business facilities
San Miguel Corp. (SMC) has settled $4.8 billion in various fees to fhe Power Sector
Conglomerate San Miguel Corp. (SMC) is bidding for the 51 percent controlling stake of US-based
Energy Secretary Alfonso Cusi said San Miguel Corp. (SMC) pay Power Sector Assets and Liabilities


Read full Article here »

Trending News

Recommended on sister sites

Copyright © 2018 Bilyonaryo - Latest news on the richest Filipinos and Family Business.