Eastern Communications announced that it is investing Php1.15 billion in capital expenditures this 2024 to help fund its nationwide network expansion and introduce new ICT solutions.
Accoring to Eastern Communications’ Aileen Regio, the investment highlights the company’s commitment to “bridging the digital divide” by providing internet services to underserved locations in the Philippines.
Regio highlighted that its expansion aims to boost economic development in target areas, improve national connectivity, and empower small and local businesses.
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The funds will be spent on expanding coverage to new business locations and hubs, as well as the ongoing improvements on network infrastructure and restoration across the country.
As per the company, they will give top priority in areas like Davao, Iloilo, Boracay, Bohol, Bacolod, Dumaguete, and Cagayan de Oro.
Eastern Communications is positive that it will gain new subscribers, especially in newly serviced areas made possible by the availability of the Philippine Domestic Submarine Cable Network (PDSCN) express route, which helps improve connectivity and bandwidth in remote areas in the country.
The company is also expected to expand its ICT solutions offering by offering new services like DDoS Protected IDS, specialized support, and remote work solutions with the help of Google Cloud Platform.