|Image credit to Rappler|
“The current situation in the country is, sad to say, unacceptable. The state of internet speed is pathetic, and unless we remedy this situation, our IT sector is likely to suffer in the long term,"
“The government should crack the whip on our telecommunications companies. If they have to be mandated to allocate some of their earnings for improving internet speed, mainly through investing in more equipment and hardware, then so be it,”
“These telcos have been going to town in the past few years telling their shareholders that they have been earning billions of pesos. But they conveniently forget the millions of subscribers and users who put those billions in their coffers but who continue to suffer from poor service.”
“The IT and Business Process Association of the Philippines (IBPAP) recently reported that it was targeting $25 billion in revenues and 1.3 million jobs by 2016. Even these targets might be affected if our internet service in the country does not improve, and we might see these jobs go to other countries in the region that can provide investors and clients better internet services,”I have to agree that the Sen. Escudero is right, that if the current state of internet speed in the country which is at 3.64mbps as per latest Ookla Household Download Speed Report compare to Singapore and Hong Kong's 122.43mpbs and 102.96 respectively, a lot of sectors in the country might be affected and suffer in the long run, for example the IT-BPO industry which is currently generating a lot of revenues and jobs for Filipinos.
I hope that our telecommunications providers like Smart, PLDT, Globe and others will continue to improve the internet speed in the Philippines. Hopefully within the next couple of years or shorter we will have at least double digits in the download speed report next time they run the test. And most of all, more affordable internet plan. I am pretty sure a lot of Pinoys are relying on the internet to earn extra money or full-time income from, that's why this is very important.