The National Telecommunications Commission said Wednesday it exceeded its 2022 collection target by more than P1.08 billion as of September 27.
The regulator said it collected P6.63 billion as of Sept. 27, surpassing the target collection for 2022 amounting to P5.58 billion set by the Development Budget Coordination Committee.
It said the systematic collection effort is the agency’s modest way of contributing to the public service programs of President Ferdinand Marcos Jr. on food security, free and universal primary education, and public health.
NTC commissioner Gamaliel Cordoba acknowledged the agency’s employees for the feat and encouraged them to make a final push on generating more income as the year ends.
NTC is the government agency that regulates cable and commercial television operators, broadcast radio stations, telecommunications companies, and commercial and portable radio operators.
