ON THE RADAR, TECHNOLOGY | December 14, 2017
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| (Image Source: Forbes.com/China Telecom) |
Many Filipinos are still disappointed over the slow pace of their
internet services but remains hopeful that it will be at par with the likes of its
sister Asian countries in terms of speed and reliability. These high hopes could
be possible after the Philippine government officially announced that China
Telecom has expressed its intention to enter the local telecommunications
industry.
The possible entry of a Chinese telecommunications firm would definitely be a sign of relief for millions of Filipino internet users since it is slated to break the so-called duopoly that has literally dominated the scene for a long time. Though that the said intention will not have the same mistakes as the failed controversial national broadband deal that happened in 2006, Smart Communications and Globe Telecom would welcome China Telecom with open arms and as a worthy competitor to their efforts to make internet services in the Philippines faster, more reliable and more enjoyable in the near future.
However, China Telecom needs to endure serious roadblocks if it is
preparing to enter the telecoms scene and offer engaging offers to its
consumers aside from mixed reaction from many parties involved. Perhaps the
most challenging among these roadblocks is finding a local partner for its
services. Besides, it is under Philippine laws that a foreign business entering
the country is mandated to have 60% owned by Filipinos. Well, so far, PT&T
and the state-owned TransCo have already expressed their intentions to work
with China Telecom, but the ladder will make the final say about it which will
take a long time for thoughts and consideration.
Anyway, China Telecom will be a welcome development for both the
telecommunications scene and the state of internet services in the Philippines.
It is up to fate, God and time whether it will be what Filipino consumers need
for a faster and more enjoyable internet experience or another failure like the
supposed deal between San Miguel Corporation and Telstra. Let's just wait and
see what's next, shall we?
