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BROADBAND or high-speed Internet access service revenues
are expected to propel the income growth of
telecommunication firms in the years ahead, more than
cellular service revenues, Catanduanes Rep. Joseph
Santiago, chairman of the House Committee on Information
and Communications technology, said Tuesday.
“Broadband is definitely the next battleground for
telecommunication service providers,” said Santiago,
former chief of the National Telecommunications
Commission.
The term
“broadband” became popular as a result of the National
Broadband Network Project scandal that forced the
resignation of Benjamin Abalos as chairman of the
Commission on Elections, and eventually led to the
ouster of Jose de Venecia Jr. as House Speaker.
De
Venecia’s son and namesake was among the project
bidders.
The
government had sought to build the $329-million network
to provide high-speed Internet connectivity to all state
agencies, all the way down to the barangay level.
Malacañang has since canceled the tainted project.
“Broadband users of major telecommunication firms are
growing rapidly, at rates of 50 percent to almost 100
percent year-on-year, whereas they are increasing mobile
telephone subscribers at annual rates of only 23 percent
to 25 percent,” Santiago said.
“The
mobile-telephone market is maturing fast, with around
62.5 million users, or more than 70 percent of the
population. The broadband market is just about to
explode and take off. Our extremely low
Internet-penetration rate implies that the potential for
broadband growth is massive,” he said. |