Philippines will soon open up its telecom business
President Duterte’s promise of opening up the telecom sector of the country to foreign players for improved quality of service may soon be a reality according to his words.
There’s still no timeframe as to when will the current government release the final guidelines and conditions for incoming players, the president said that they are already looking into it.
“In the area of telecommunications, we are now finalizing our plans to open up the information and communications technology industry to new players in order to promote competitiveness and improve quality of service,” – Pres. Duterte.
Although he added that he doesn’t want to fight with the current stakeholders of the two telecom giants in the country and as long as they will provide services at a lower cost to the public, he will overlook his statement.