During his trip to Washington DC, Department of Trade and Industry (DTI) Secretary Ramon Lopez met with a couple of IT and networking companies. One of them is SBA Communications, which already operates in the Philippines.
Lopez met with SBA Communications executives to talk about the latter’s ongoing expansion in the Philippines, which includes the building of local offices and hiring Filipino talent.
According to Lopez, the government is welcoming SBA’s continued expansion as the country is in the middle of updating its digital infrastructure. The development will also help create jobs and will enhance competition in the market, which will ultimately make telecommunication services better and more affordable.
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SBA shared its goal of building 180 towers in 2022 and its negotiations with local telcos: Globe, Smart, and DITO.
As of today, the company has already put up 20 towers, with 43 more coming before the quarter ends.
“There is a strong connectivity demand in the country as Filipinos spend more time online than any other country in ASEAN and most other countries in the world. The government and the telco players are working hand-in-hand to accelerate the adoption of new technologies and next-generation platforms that are expected to boost production, improve productivity and enhance the country’s competitiveness,” the DTI secretary said.
SBA brought its Passive Telecommunications Towers Infrastructure project to the Philippines last year. For its first project, the company aims to build 1,470 towers within five years.
Source: DTI
Sir/Ma’am:
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Ruel Uguil