MAY 2021 Ookla Speedtest Global Index report showed remarkable increases in the Philippines' global rankings in internet speed. For fixed broadband, the country's average download speed of 58.73Mbps represented a 15-notch monthly increase, while its speed of 31.97Mbps in mobile represented a 7-notch monthly increase. The new DPWH directive will speed up implementation of telco infrastructure projects especially along national roads. Globe is set to spend a record P70 billion, while Smart P92 billion this year. Fiber internet company, Converge, is also expected to increase its capital expenditure fromP19 billion in 2020 to P20 billion this year as it aggressively provides pure end-to-end fiber internet connection to its market.

Source: Manila Times July 02, 2021 15:45 UTC