Bongbong burns Smart-PLDT, Globe: Slow Internet = slow economy
Vice presidential candidate Ferdinand “Bongbong” R. Marcos, Jr. is blaming Smart and Globe Telecoms for the sloth-paced Internet speed in the country and he wants the government to take charge in developing the digital highway.
In a statement, Marcos cited a 2015 report of Internet metrics provider Ookla where the Philippines ranked 21st out of 22 Asians countries with the slowest Internet download speed.
The main providers of Internet services in the country are Smart-PLDT Communications and Globe Telecoms. The two are also one of the most profitable companies in the country – Smart-PLDT earned P22.1 billion in 2015 and Globe rang up P16.3 billion the same year.
“It is such a disappointment that we lag behind our Asian neighbors in terms of internet speed and connection when internet is such an indispensable part of today’s world,” Marcos said.
He said the next administration should adopt a mindset where telecommunications, especially the Internet, is part of the essential infrastructure.
Marcos said that slow Internet speed has been dragging the Philippine economy from attaining new heights.
“What we should follow is a business-directed Internet infrastructure because most businesses use the internet anyway. This is where the government comes in by improving our telecommunications in order to have a better run for our economy,” Marcos said.