President Duterte offers China a 3rd telecoms carrier position
President Rodrigo Duterte has offered China the opportunity to run and operate a third telecoms carrier in the Philippines to increase competition
President Rodrigo Duterte of the Philippines has
given China the opportunity to run a third telecoms carrier in the country.
As confirmed by the presidential spokesman Harry Roque, the move comes as Duterte attempts to break the existing telecoms duopoly in the country that is reported to have the slowest internet in the Asia-Pacific.
The offer was made during Duterte’s bilateral meeting with China’s premier Li Keqiang in Manila last week.
Only last week, the Philippine government signed an agreement with a Facebook subsidiary Luzon Bypass project. The project involves the installation of submarine cables for a high speed internet infrastructure and provides 2 terabits per second of bandwidth.
"So the good news is, the consumers can look forward now to better telecommunications, not just in terms of cellular technology but also in terms of internet speed as well as access," Roque said.
China Mobile, China Telecom and China Unicom the three biggest telecoms carriers in China have yet to expand outside of their markets and though its still unclear whether or not China will accept Duterte’s offer, the fact that it has taken up investments in the like of Brazil, Thailand and Pakistan, all look positive.