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DIGITAL
Telecommunications Phils. Inc. (DIGITEL), the listed
phone subsidiary of JG Summit Holdings Inc., is
allotting $393 million to expand the network coverage of
its mobile-brand unit Sun Cellular.
The
amount will be used to increase its network coverage and
capacity in more areas nationwide, including Bulacan,
Cavite, Laguna, Pampanga, Batangas, Nueva Ecija, Cebu,
Bacolod, Iloilo,
Davao, Cagayan de Oro, Zamboanga and General Santos.
Digitel’s mobile-phone arm, Digitel Mobile Philippines
Inc. expects to double its cell site base to about 4,000
by the end of 2008 from today’s 2,200. The capacity
expansion will support the projected surge of
subscribers to 10 million this year from 5.5 million
last year.
“The
company is gradually building up its customer base
alongside the expansion of its network to be able to
provide clients with better quality service,” said
Digitel.
Wireless
network expansion continues to be carried out by
Digitel’s global partners Huawei, Alcatel and Ericsson
continue to carry out the wireless network expansion.
Digitel Mobile’s digital GSM (global system for mobile
communications) network operates on 1800MHz (Megahertz)
and have access to a total of 15 MHz of frequency for
the service.
Its
leading technical partners and telecom network suppliers
are responsible for full-turnkey network infrastructure
build-out and capacity expansion of existing cellular
sites nationwide.
Digitel
Mobile is making inroads as a third player in the
wireless market. It claims that Sun Cellular has the
most economical and unmatched products and services for
its subscribers.
Sun also
introduced the phenomenal Sun Group Plans for its
postpaid business where families and small medium
enterprises can get three postpaid lines and three
handsets for one line application for only P999.
For its
international service, Sun offers the IDD Top 10, or
$0.10 per minute calls to mainland
US,
China, Hong Kong, Canada, Singapore, Thailand, Malaysia,
Brunei, Guam and Macau, where a high concentrations of
overseas Filipino workers and migrants have been
identified.
Philippine Long Distance Telephone Co. (PLDT) dominates
the mobile-phone industry with an estimated 55-percent
market share, and compares with Globe Telecom’s share of
about 38 percent.
Last
January, Digitel vice chairman and chief executive James
Go revealed plans to tap loans from various European
lenders to fund part of its $350 million in capital
spending.
He said
Digitel plans to borrow about 85 percent of its spending
requirement this year for expansion and core operations.
Also in
January, Digitel told the stock exchange that Digitel
Mobile has secured a $33.1-million loan from ING
Amsterdam for its mobile-phone projects, particularly in
South Luzon and the National Capital Region (NCR).
In 2007,
Digitel posted P1.17 billion in net income from P926.9
million in 2006. Consolidated revenues reached P16.74
billion, up 48.3 percent from P11.29 billion.
Sun
cellular posted P3.99 billion in service revenues, an
increase of 40.5 percent, from P2.84 billion. The
increase was attributed to growth in subscriber base
that boosted revenues in unlimited fees, voice, text
messaging and value added services. |