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.
Eastern Communications is spending P1.04 billion for its capital expenditures this year to strengthen Visayas and Mindanao operations and complete the longest subsea cable in the Philippines.
Ayala-led Globe Telecom Inc. has started laying out the longest submarine fiber cable network in the Philippines, with the target of activating it by April 2023.
media[64391,64392] Eastern Communications this year earmarked P3 billion for expanding its telecom infrastructure in the countryside. "This expansion will enable more businesses outside Metro Manila to accelerate their productivity, enhance their capabilities, and eventually provide more oppor