The National Telecommunications Commission (NTC) reported that it ended 2020 exceeding its collection target by over P2.68B or 53.44 percent. Target collection for 2020 was pegged at P5.025B. Actual collection by end of 2020 stood at P7.711B.
This is the fifth straight year under the Duterte administration that the NTC exceeded its collection target.
NTC Commissioner Gamaliel A. Cordoba was thankful that the Agency’s income target was surpassed despite the restrictions imposed on people’s mobility in the past months due to the COVID-19 pandemic. Cordoba said, “I am grateful to everyone in the NTC for the achievement. Our DICT family, headed by Secretary Gregorio B. Honasan II, is also part of this achievement as they have supported all our efforts.”
NTC’s achievement was a culmination of its personnel’s concerted effort to strictly enforce stakeholders’ compliance in remitting spectrum users’ fees, supervision and regulation fees and penalties.
NTC is the government agency that regulates cable and commercial television operators, broadcast radio stations, telecommunications companies and commercial and portable radio operators.
The achievement for the past five years demonstrates the NTC and DICT’s full support to the national government and the public service programs pushed by President Rodrigo Roa Duterte – priorities of which are on infrastructure, agriculture and rural development, and peace and order.
Collection targets of the Agency are mandated in the Budget of Expenditures and Sources of Financing, a document required by the Constitution and consolidated by the Department of Budget Management.