PLDT signs deal with Danao telco-A A +A
Wednesday, September 4, 2013
TELECOMMUNICATIONS company PLDT yesterday entered into an agreement with Danao Telecom (Datelco) to provide telecommunications services in Danao City.
Datelco will transfer its more than a thousand customers to PLDT’s network, the companies said in a press statement. The two companies also agreed to embark on a joint marketing and promotions of PLDT’s products and services in Cebu’s fifth district.
The Durano family-owned Datelco said it is winding down its local exchange business (LEC) as the cost of upgrading its own network became untenable. Datelco is the sole telco provider in Danao City for more than 20 years.
Datelco general manager Oscar Rodriguez said in a press conference yesterday that PLDT’s entry to Danao City is a welcome development given the city’s progress both in trade and tourism.
He said one of the basic needs of investors is advance telecommunication technology.
“Being the largest telecom company in the Philippines today, PLDT will be able to provide Danao’s residents and business establishment quality voice, data, and even emerging multimedia services,” said Rodriguez.
Given PLDT’s wider reach and modern telco facilities, products and services, Rodriguez said it can grow its subscriber base to 3,000 to 4,000.
PLDT expects completion of transfer and roll out of equipment in two months, according to Jesus Tañedo, PLDT vice president for Visayas-Mindanao operation. He said tapping the 4,000 subscribers in Danao would cost PLDT an investment of $200 to $250 per line.
“We welcome this opportunity to further expand our coverage in Cebu where we recently rolled out our fiber-to-the-home facilities,” PLDT president and chief executive officer Napoleon Nazareno said in a statement.
PLDT introduced recently its Fibr services in Cebu, initially covering around 40 areas.
Other telcos acquired
Other local telco companies bought in the past by PLDT were SubicTel, ClarkTel in Central Luzon, Maranao Telecoms, CruzTelco Cluster 3 and Philcom in Mindanao. Recently it acquired Sitelco in Southern Iloilo and Datelco Global Communications Inc. in Tagum City.
“We are eyeing a number more of local telco companies to acquire. Acquisitions should be expected because our domestic fiber optic network, our transmission and transport facilities have expanded and are resilient. It allows PLDT to open up more access and gateway in small municipalities,” said Tañedo. “Technology now has become more accessible.”
PLDT has 130,000 voice lines in Cebu Province, including those of business establishments. Of the number, two-thirds have broadband connections. The figure doesn’t include yet other PLDT services such as MyBro, which is now part of PLDT MyHome. KOC with (PR)
Published in the Sun.Star Cebu newspaper on September 05, 2013.