For years, the two main tollways giants – Metro Pacific Tollways Corporation (MPTC) and San Miguel Infrastructure (SMI) – were rivals and competitors. MPTC holds the concessions for the NLEX, the CALAX, the C5 Link Segment, the SCTEX and the Cebu-Cordoba Link Expressway. SMI, for its part, holds the concessions for the SLEX, Skyway, NAIA Expressway, STAR Tollway, the TPLEX and the MCX. Higher revenue growth means the telcos could invest more in upgrading their technologies. By comparison, PLDT posted service revenue growth of 3 percent to P99.3 billion while Globe posted 2 percent growth to P80.4 billion.
