Smarter News Now
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • Email Whitelisting
No Result
View All Result
  • Top News
  • Economy News
  • Forex News
  • Investing News
  • Stock News
  • Politics News
  • Editor’s Pick
  • Top News
  • Economy News
  • Forex News
  • Investing News
  • Stock News
  • Politics News
  • Editor’s Pick
No Result
View All Result
Smarter News Now
No Result
View All Result
Home Investing News

Common tower providers see no threat from satellite firms

by
June 19, 2022
in Investing News
0
Common tower providers see no threat from satellite firms
0
SHARES
12
VIEWS
Share on FacebookShare on Twitter

By Arjay L. Balinbin, Senior Reporter

SOME telecommunication tower companies operating in the Philippines said the entry of satellite firms into the local scene poses no threat to their business or to that of traditional telco providers, as the technology complements terrestrial connectivity, which does not reach many of the country’s remote areas.

“If you look at the geographical situation in the Philippines, some areas will be best served by satellite technology,” edotco Group Chief Executive Officer Adlan Tajudin told BusinessWorld in a recent interview.

“They complement us. We still need towers. It’s just that instead of transmitting the signal through microwave or through fiber, they transmit through satellite. I think it really, really complements us,” he added.

“Typically, that solution is for the rural areas. It helps in terms of accelerating rural coverage.”

Rahul Singh, country manager of Singapore-based iSON Tower Ltd. Inc., which is set to build digital infrastructure in the Philippines, said in an e-mailed reply to questions: “Well, the Philippines as a country needs 50,000 towers, fiber connectivity, high-speed voice and internet, and all telecom ecosystem players together are addressing these needs.”

“Typically, satellite connectivity companies coexist with traditional MNOs (mobile network operators)/tower companies, and are not considered to be a threat to traditional telecommunications operators as the service will serve roughly 3% to 4% of the customers that traditional providers find most difficult to reach,” he added.

“From ISON Tower perspective, we are committed to working with mobile network operators enabling voice and high-speed broadband internet for Philippine consumers.”

He noted that the company is rolling out tower sites in Mindanao and the Visayas to enable voice and high-speed internet along with telecom operators.

Alliance Towers Corp. President and Chief Operating Officer Alvin D. Tolentino said the entry of foreign satellite companies into the Philippines will be “good for the economy,” as local telecommunications providers will be forced to keep up.

“It’s a question of scale. If you are just serving one barangay on a remote island, it doesn’t make sense for you to invest in a submarine cable… just to connect one barangay. In that sense, it’s cheaper to do satellite,” he said.

“But if you’re looking at Cebu or places where you can get more users, I think the traditional (connectivity) is still more economical,” he added.

The National Telecommunications Commission (NTC) recently approved the registration of Starlink Internet Services Philippines, Inc. as a value-added service provider (VAS). Starlink is a subsidiary of Elon Musk’s Space Exploration Technologies Corp.

The agency expects more foreign satellite broadband providers to enter the Philippines because of the amended Public Service Act, which eases the restrictions on full foreign ownership of businesses in key sectors such as telecommunications, shipping, airlines, railways, and subways.

Starlink’s registration as a VAS provider allows it to directly access satellite systems, as well as build and operate broadband facilities to offer internet services in the country. The company’s certificate of registration is valid until April 14, 2023. It is expected to cover villages in urban and suburban areas and rural areas that remain unserved or underserved with internet access services.

“The service is expected to bring cost-effective internet access in these areas,” the NTC said in a statement.

ShareTweetPin

Related Posts

Stocks decline on profit taking, recession fears
Investing News

Stocks decline on profit taking, recession fears

August 23, 2022
Peso climbs vs dollar as RTB offer starts
Investing News

Peso climbs vs dollar as RTB offer starts

August 23, 2022
PNR cancels bids for 3 projects after finding them ‘non-feasible’
Investing News

PNR cancels bids for 3 projects after finding them ‘non-feasible’

August 23, 2022
Senate grills Rodriguez on approval procedures for sugar import order
Investing News

Senate grills Rodriguez on approval procedures for sugar import order

August 23, 2022
Trade dep’t expecting sugar price monitoring report by Friday
Investing News

Trade dep’t expecting sugar price monitoring report by Friday

August 23, 2022
Fisherfolk seek halt to reclamation on municipal fisheries
Investing News

Fisherfolk seek halt to reclamation on municipal fisheries

August 23, 2022
Next Post
SM makes going green easier

SM makes going green easier

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Email Address *
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
 

Recommended

Heatwaves hammer megacities in China’s Yangtze River basin

Heatwaves hammer megacities in China’s Yangtze River basin

July 14, 2022
Court acquits 21 protesters in food aid rally in 2020

Court acquits 21 protesters in food aid rally in 2020

June 7, 2022
Shares end lower on inflation fears, trade data

Shares end lower on inflation fears, trade data

June 9, 2022
ICTSI to take majority stake in Indonesian terminal

ICTSI to take majority stake in Indonesian terminal

July 27, 2022
Toyota adds FX, Cargo trims to Lite Ace lineup

Toyota adds FX, Cargo trims to Lite Ace lineup

August 7, 2022
Twitter rejects Musk’s claims that he was hoodwinked

Twitter rejects Musk’s claims that he was hoodwinked

August 5, 2022
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • Email Whitelisting

Copyright © 2022 SmarterNewsNow.
All Rights Reserved.

Disclaimer: SmarterNewsNow.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

No Result
View All Result
  • About Us
  • Contact Us
  • Email Whitelisting
  • Home
  • Privacy Policy
  • Terms & Conditions
  • Thank You

Copyright © 2020 SmarterNewsNow. All Rights Reserved.