Jack Ma would have been shocked at our telecoms industry - News Summed Up

Jack Ma would have been shocked at our telecoms industry


It is the planet’s biggest internet company, bigger than Amazon.com and Ebay.com. Among other things, the biggest and most stark difference between the structures of the Chinese and Philippine telecoms industry is the following. What he doesn’t say is that they have not done so for public utilities, especially the telecom sector. NTT, SK and SingtelNippon Telegraph and Telecommunications (NTT) of Japan, SK Telecom in Korea, Singapore Telecoms (Singtel) in Singapore were all state firms monopolizing their telecoms sectors. We have to take back our public utilities, which the past three administrations gave to foreign monopolists.


Source: Manila Times October 26, 2017 17:37 UTC



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