The Department of Information and Communications Technology signed a joint letter of intent with China Telecommunications Corp. for the use of the agency’s existing cable landing station along with the latter’s submarine cable.
China Telecom’s international submarine telecommunications cable will directly connect Hong Kong, the United States and the Philippines. The facility uses optical fiber technology to carry signal and digital data, including telephone and internet traffic, across oceans and seas.
With the submarine broadband infrastructure, the DICT in cooperation with China Telecommunications expect to ease up traffic and speed up internet connectivity, making it more accessible, reliable and affordable for more Filipinos.
“This is our first step in providing the foundation for faster and cheaper internet services for Filipinos. With this partnership, we are setting up our International Gateway Facility that is critical for world-class telecommunications services,” Mislatel Consortium spokesperson Adel Tamano said.
Together with Udenna Corp. and Chelsea Logistics Holdings Corp. of businessman Dennis Uy, China Telecom is part of the consortium which was named the new major player in the telecommunications market.
The NTC on Monday issued a confirmation to Mislatel Group as the new major player that would challenge the duopoly PLDT Inc. and Globe Telecom Inc.
Mislatel Consortium got a commitment rate of 456.84 out of 500 points and offered a P25.7-billion performance bond if it failed to deliver its promises to provide faster telecommunications and internet services in five years.
Mislatel committed to invest P257 billion over a five-year period, with P150 billion committed in its first year of operations.
In terms of Internet speed, the group committed to provide 27 megabits per second in its first year, and 55 mbps in five years.
The company plans to cover 84 percent of the population in five years and 34 percent in its first year of operation.
The NTC will assign the frequencies 700 megahertz, 850 MHz, 2100 MHz, 2010 MHz, 2.5 GHz, 3.3 GHz, 3.5 GHz and 10.5 GHz to the new major player.