The new process is expected to speed up the crediting of funds to depositors? accounts from the current three to five banking days to only one banking day.
Senate President Aquilino "Koko" Pimentel said that aside from preventing unscrupulous individuals and criminals in using pre-paid SIM cards in their illegal activities, the registration will also enhance government monitoring and collection system on the telcos.
The DOST technology transfer program serves to implement R.A. No. 10055, which is aimed at commercializing the various technologies already developed and those to be developed later.
Local operator PLDT, through its enterprise digital enabler ePLDT, is expanding its commercial data center operations in Cebu with the construction of a second Vitro facility in Mandaue City.
