As of 2022, there are a total of 1,582 IT-BPO industry activities registered in PEZA which generated a total of P337.593 billion investments, and 1,095,622 direct jobs.
Having seen no irregularities by external probe, PLDT said it is attributing the overrun solely on the huge expenses it incurred for big-ticket projects and costly 5G equipment.
The industry groups-- IBPAP, SEIPI, and CONWEP-- said a solution has been promised by the end of the month which also coincides with the end of the first taxable quarter.
While the answer for most common tower companies beyond acquiring and leasing infrastructure to wireless carriers is by tapping into additional revenue streams such as distributed antenna systems and fiber networks, EdgePoint Philippines is looking into small cells and edge computing down the road for its locally acquired sites.
Digital Edge, a data center and cloud computing solutions company founded in 2020, has officially opened the doors to its new 10MW data center in Manila and marking its formal entry in the Philippines in partnership with local real estate firm Threadborne Group.
Globe said on Thursday, March 2, it has become the first company in the country to test Low Earth Orbit (LEO) satellite connectivity for Short Messaging Service (SMS) and emergency alerts in partnership with tech firm Lynk Global.
IBPAP said the number of full-time employees (FTEs) in the country grew 8.4% or by 121,000 in 2022, bringing the industry’s total headcount to 1.57 million. The sector also recorded a growth of 10.3% in revenues to reach $32.5 billion in 2022.
Telco giant PLDT said it is aiming to breach the petabit-level (1,000 terabits) in international capacity, as it invests in more strategic international subsea cables in the next five years.
This was mainly due to the outstanding performance of its tech units EC Pay, Yondu, and Asticom Group of Companies, said Globe, which has dropped the word “Telecom” from its name.
Mobile metrics firm Opensignal has unveiled its latest mobile network experience awards citing the ranking of global telcos and highlighting trends in mobile live video services.
