CORPORATE GOVERNANCE

Eastern Communications Sets Aside US$19m To Complete Expansion

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By Manny Pham

Philippines-based Eastern Communications budgeted PHP1 billion (US$19.1 million) in capex to bolster operations on the islands of Visayas and Mindanao, and complete a subsea cable, reported Philstar.

The subsea cable in question is the Philippine Domestic Submarine Cable Network (PDSCN), which is scheduled to be completed in April. The cable will apparently be the longest subsea cable in the Philippines when completed and extend fibre connectivity in multiple regions.

The cable will land in several locations in the coming weeks such as Liloy, Dipolog, Zamboanga del Sur, Maasin, Leyte, Mactan and Cebu.

PDSCN is a US$150 million project to deploy over 2,500 kilometres of fibre optics.

Eastern Communications is jointly owned by mobile network operators PLDT and Globe, through their subsidiary Vega Telecom.

“Our nationwide expansion should be completed by the end of the year. With this, more Filipinos will be enabled by our high-tech and high-touch services,” said Eastern Communications co-coordinator Vince Tempongko. 

“We are proud of our high-touch approach, and this has become our competitive advantage. Our 2022 customer satisfaction score shows our dedication to continuously delight our customers. We will bring this commitment with us as we expand to more areas in the country,” he added.

https://developingtelecoms.com

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