Filipino satellite television service provider Cignal, a subsidiary of telecommunications company PLDT Inc., aims to commit 25 million euros ($28.3 million) over the next two years in building new telecommunications infrastructure.
The capital investment programme to build 300 new towers will help improve the availability of high-speed Wireless Broadband in rural areas and help mobile phone operators address coverage black spots.
The planned investment will cover every county with sites constructed on Build to Suit contracts and leased back to the mobile phone and wireless broadband operators.
This initiative will address the objectives of the Mobile Phone and Broadband Taskforce established by the Government in 2016 to identify solutions to broadband and mobile phone coverage deficits across the country.