AT&T sees brighter prospects for PH telecom industry
KUALA LUMPUR, Malaysia – US-based AT&T sees brighter business prospects for the country’s telecom industry.
“We see positive prospects in the Philippines. We are just continuing to watch the growth level (GDP),” AT&T executive director for International external and regulatory affairs Jake Jennings said on the sidelines of the Malaysia Developers’ Day.
“We hope that the Philippines will continue to grow so we can continue to provide services to our customers in the Philippines,” he said.
In the second quarter of 2013, the country’s gross domestic product (GDP) expanded 7.5 percent.
With this optimism, he said AT&T continues to consider the Philippines as among the best investment destinations.
“We have a long-term vision of continuing to invest in our global infrastructure. Over the last few years, we have invested about $1 billion of capital for our global network of approximately 92,000 miles submarine cable connecting roughly 120 countries globally and the Philippines plays a very prominent role on that in infrastructure,” he said.
He said they also look at the prospects of their partnership with existing local telco companies.
“We look at all that factors and we also look at customers growth to make sure our investment cover that growth or exceed that demand so we can provide world class services,” he said.
Without giving specific investment figure, Jennings said “we look at a global budget on a regional/global network we follow our customers, we invest where our customers are. We do not look or release country specific information but we do it on a global basis.”
He said AT&T expects to further strengthen its partnership with local telecom firms- Globe and Philippine Long Distance Co. (PLDT).
“We continue to share best practices in all our operators. One of the things we are seeing growing in the region and globally is the use of Internet, a new technology, so as our customers’ demand grows we see more requests for Internet services. We worked with our suppliers Globe and PLDT to see to it that they could roll out our services at a timely and quality manner,” he said.
AT&T has been doing business in the Philippines for more than two decades.
It offers the broadest international voice and data coverage of any US carrier with voice in more than 225 countries, data in more than 210 countries and 3G network services in more than 175 countries.
Currently, AT&T also offers enterprise-grade network services in 182 countries representing 99 percent of the world’s economy.