AS IT STANDS | Roman Floresca
We only have one week left before the third telco goes into commercial operation. How will the new telephone company do in the market? Has it completed all its facilities? Will its services be as fast as it should be?
There are many questions we’d like to ask and if you’re looking for answers you can try the stock market where speculators have been pushing up the price of DITO CME Holdings Corp. by more than 35% since the start of the year. “The bullish share price movement reflects the hopes of investors for a successful technical audit and commercial launch by DITO Telecommunity, “ a stock analyst was quoted as saying.
DITO CME of Davao-based businessman Dennis Uy could not be happier. Prices are meant to go up as the rollout draws near.
Of course, there are some who try to put on the brakes saying the company has not proven anything yet especially since the two other companies have been trying to improve their services.
Smart Telecommunications for instance has beefed up its 5G network with its tech partners. As the first local firm to rollout 5G in the market, Smart Communications Inc. says it remains committed to deliver faster and more reliable service to its customers. Smart promised the further rollout of its 5G services in all of Metro Manila and its adjacent provinces.
“As we ramp-up our Smart 5G rollout across Metro Manila and the rest of the country, we are bringing our customers closer to an even higher level of customer experience in terms of enjoying high-definition video, playing esports, and using new digital services,” said Alfredo S. Panlilio, Smart Communications president and CEO.
Globe Telecom, on the other hand, has donated 10,000 SIM cards for the online learning of the students of Cebu. At another time Globe gave away SIM cards to some fishermen knowing this would be a big help to them.
Meanwhile the problem with how to deal with expiring prepaid loads continues to haunt these existing telcos. Telecommunications companies can well absorb the impact of non-expiring prepaid load as envisioned in Senate Bill No. 365, or the proposed “Prepaid Load Forever Act.”
“We have reviewed the 2019 financials of the country’s leading telcos. They can absorb the impact of non-expiring prepaid loads, while maintaining the existing setup with customers, according to Terry Ridon, Infrawatch PH convenor.