Telecommunications companies across Asia Pacifichave a significant opportunity to grow new markets through artificial intelligence (AI), but many risk falling behind due to unresolved “data debt” and slow workforce upskilling, according to Accenture.
The development marks a significant turnaround for major players, particularly PLDT and Globe, which had previously opposed the measure. At one point, PLDT even threatened to challenge the law’s constitutionality before the courts.
Pres. Rodrigo Duterte signed into law on Monday, March 21, Republic Act 11659 or the amendments to the Public Service Act (PSA), which allows full foreign ownership in key sectors including telecommunications, railways, airports, and shipping.
The National Privacy Commission (NPC) has revealed that, based on its initial investigations, the recent smishing activities are being run by a global crime syndicate and not by a group that has gained unauthorized access to contact tracing forms.
At the last Senate hearing, Sen. Grace Poe questioned Dito Telecommunity for rolling out services mainly in the NCR instead of barangays in unserved and underserved areas.
The telco cloud growth will be driven primarily by cloud infrastructure-related investments, such as Virtual Network Functions (VNFs), Management and Network Orchestration (MANO), and Cloud Native Functions (CNFs).
The National Privacy Commission (NPC) is urging local telecommunications operators Globe, Smart, and the incoming third player, Mislatel consortium, to compete for consumer trust in terms of better services and better data privacy protection.
The Better Broadband Alliance said the new player should be flexible and versatile enough to consider that it will likely not have a free ride on existing infrastructure,
Worldwide spending on telecommunications services and pay TV services reached $1,662 billion in 2017, an increase of 1.4% year-over-year (in constant dollar terms), according to research firm IDC.
Without the preferential treatment, Makati City Rep. Luis Campos Jr. said the third player would face numerous hurdles, including potential delays in securing licenses and regulatory approvals to form the new telecommunications company.
