Henry ‘Big Boy’ Sy, Robert Coyiuto reiterate support for gov’t broadband project
The National Grid Corp. of the Philippines, which is headed by bilyonaryo Henry “Big Boy” Sy Jr. has publicly reiterated its eagerness to help speed up the country’s internet by allowing the government to tap its fiber optic network.
In an open letter to President Duterte, NGCP said it has “always been willing and eager to participate in the government’s efforts in developing a national broadband network.”
NGCP said the government is free to use its fiber optic network facilities at no cost.
Using NGCP’s existing network would allow the government to deliver high speed internet to unserved and underserved areas, NGCP had earlier said.
“NGCP would like to reiterate our support of the NBP [national broadband program] and we are ready to sit down and sign a bilateral agreement with the DICT(Department of Information and Communications Technology] for the use by government of NGCP’s fiber optic network,” the company said.
In May 2017, the DICT and NGCP met to discuss the latter’s dark fiber network,and how this can potentially be used to support the NBP.
“NGCP has always been supportive of this administration’s initiatives towards the use of the dark fiber inherent to the transmission network for the development of the NBP,” the firm said.
Apart from Sy, car dealership and insurance magnate Robert Coyiuto also holds a stake in NGCP, the country’s power transmission highway operator.