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Best Posts in Thread: Duterte wants to open telecommunications,airwaves and energy

  1. AlwaysRt

    AlwaysRt DI Forum Patron Highly Rated Poster Blood Donor Veteran Air Force Marines

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    These guys are pretty ballsy, the drug lords were too until Duterte said the 4 magic words... "You're on the list"
     
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  2. Rye83

    Rye83 with pastrami Secured Account Highly Rated Poster SC Connoisseur Veteran Army

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    What about the next moment? Wouldn't that suck for a company to invest billions in infrastructure only to have it all pissed away when a senile old man changes his mind when he noticed he put his underwear on the backwards one morning? Less talk, more walk. Get some laws passed that protect investors.
     
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  3. DavyL200

    DavyL200 DI Forum Luminary ★ Global Mod ★ Highly Rated Poster Showcase Reviewer

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    If Duterte actually does this it will be a step in the right direction for this country to move foreward with the times and curtail the currupt companies who rule all of these monopolys with an iron fist.
     
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  4. DavyL200

    DavyL200 DI Forum Luminary ★ Global Mod ★ Highly Rated Poster Showcase Reviewer

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    President Rodrigo Duterte said he wants to open the communications, media, and energy sectors to foreign players after attending the Asia Pacific Economic Cooperation (APEC) Summit in Peru.

    "My decision now, this moment, is bubuksan ko ang Pilipinas," Duterte said upon arriving at the Davao City International Airport.

    He said he wanted to open these sectors "to new players to improve quality of service."

    "I don't want to have a quarrel with the Ayalas and Pangilinan," Duterte said, later adding that he would walk back from his comments if the conglomerates running the country's telecommunications companies drove their prices down.

    "Kung i-dive ninyo ang presyo ninyo, walang problema. I will forget my statement."

    ERC issue

    Duterte's comments come on the heels of his demand for officials of the Energy Regulatory Commission to resign after the suicide of director Francisco Villa Jr.

    The late ERC director revealed the corruption activities within the ERC in his suicide notes.

    "Corruption, unahin ko na lang. I'd like just to send this strong message. It's about time that we share the money of the entire country. To move faster, make the competition open to all," he said.

    ERC officials have refused to heed his call.

    In his speech, Duterte threatened to abolish ERC.

    - See more at: After APEC: Duterte wants to open PHL telecoms, airwaves, energy sectors
     
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  5. Jens K

    Jens K DI Member

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    Stupid move. everything will stay the same if globe etc. just lower their prices, which certainly will not lead to more bandwidth for anybody. Guess what's going to happen? LESS quality of service because they will squeeze even more people on the networks without investing in infrastructure, unless somebody is willing to live with a lower profit margin, which I think can be ruled out.

    Instead they should either regulate the market, tax the hell out of them and honor infrastructure investments with lower taxes. Or open up the market unconditionally to force them to improve this way. But interestingly enough these conglomerates seem to frighten Duterte more than any drug lords.
     
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  6. Jack Peterson

    Jack Peterson DI Forum Luminary Highly Rated Poster SC Connoisseur Veteran Air Force

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    We can only Hope that his Congress is behind him to push this Through
     
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