Welcome, Kapamilya! We use cookies to improve your browsing experience. Continuing to use this site means you agree to our use of cookies. Tell me more!
PH inks $400-million deal to bring satellite internet to remote areas
PH inks $400-million deal to bring satellite internet to remote areas
ABS-CBN News
Published Nov 16, 2023 05:54 PM PHT
Linemen install cables for internet connection along Tomas Morato area in Quezon City on October 27, 2020. Jonathan Cellona, ABS-CBN News
MANILA — The Philippines signed a $400 million partnership with 2 firms to help bring internet to remote areas in the country, Malacañang said on Thursday.
The partnership with Astranis and Orbits will help the country get its first MicroGEO satellites "to bridge our digital divide and foster our digital transformation," said President Ferdinand Marcos, Jr. during the signing of the agreement.
The first two satellites will be delivered to the country and are expected to generate $400 million investment "over the next 8 years," Press Secretary Cheloy Garafil said.
Philippine Ambassador to the US Jose Manuel Romualdez said the first satellite would be named "Agila" as it aimed to "foster the spirit of technological advancements and strengthening international partnerships," said the Palace.
ADVERTISEMENT
Around 10 million users and 30,000 barangays will benefit from this project, which could generate 10,000 direct and indirect jobs, noted Garafil.
ABS-CBN is the leading media and entertainment company in the Philippines, offering quality content across TV, radio, digital, and film. Committed to public service and promoting Filipino values, ABS-CBN continues to inspire and connect audiences worldwide.
Our website is made possible by displaying online
advertisements to our visitors. Please consider supporting
us by disabling your ad blocker on our website.
Our website is made possible by displaying online
advertisements to our visitors. Please consider supporting
us by disabling your ad blocker on our website.
.jpg)
