Connect with us

Hi, what are you looking for?


Foreign chambers, industry groups urge Senate to fast-track open access bill

INDUSTRY GROUPS called on senators to start deliberations and swiftly approve a bill that would improve data transmission services in the country by promoting open and fair competition in the industry.

“One major lesson of the ongoing pandemic is that developing competitive digital infrastructure is essential for better lives for everyone in the Philippines and certainly critical for investment, particularly foreign investment,” the groups said in a joint statement.

They also cited the crucial role of digital services in “education, employment, finance, governance, health, and a multitude of other essential activities of a strong economy.”

The proposed Open Access in Data Transmission bill has been approved by the House of Representatives on third reading and is pending at the committee level in the Senate.

The groups sent a letter to Senate President Vicente “Tito” C. Sotto III to expedite the consideration of the bill, highlighting its importance to economic recovery and increased investment in broadband, especially in underserved areas.

“Once passed into law, the Open Access bill will provide a competitive policy and regulatory framework that lowers the barriers and cost to enter the data transmission market,” they said.

The measure will mandate transparency in pricing to ensure fair trading between each data transmission segment and require interconnection among industry participants to avoid dominance of any single player or group.

It will also require all last mile providers to provide a minimum download speed of at least 2 megabits per second within one year from the effectivity of the proposed law.

Performance standards for broadband internet should also be prescribed following public consultations and hearings within six months from enactment of the measure, and will be reviewed at least once a year.

Those who fail to meet performance standards will face a fine between P100,000 to P5 million for every day of violation until the data firm fully complies.

It will also prohibit the acts of refusing access to data infrastructure by an industry player to another, deliberate slowdown of internet services, and denying information on network facilities to other players, among others.

BusinessWorld reached out to Mr. Sotto and Senate Science and Technology Committee chair Maria Lourdes Nancy S. Binay for their comment, but have yet to respond.

The statement was supported by Philippine-based foreign business chambers, including the American, Australian-New Zealand, Canadian, European, Japanese, and Korean.

It was also backed by the Management Association of the Philippines, Philippine Association of Multinational Companies Regional Headquarters, Inc., Semiconductor and Electronics Industries in the Philippines Foundation, Inc., and the US-ASEAN Business Council. — Russell Louis C. Ku

Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!


Financial Advisors

The solar PV module market so far has seen commendable growth, with numerous milestones having been achieved in terms of the number of installations,...


KARASOLAR.COM TENA, Ecuador — Ecuador’s rainforest Achuar people say their ancestors long dreamed of a “fire canoe” or “electric fish” that would let them...


The Cabinet under the next administration is bringing in experienced officials who will be at the forefront of managing and planning the Philippine economy....


REUTERS MUMBAI/BUENOS AIRES/LONDON — It only took 24 hours last month for Prime Minister Narendra Modi’s government in India — the world’s second-largest producer...


UNSPLASH YAMAGATA, Japan — Japanese farmer Kiyoharu Hirao has started to add more rice to the mix he gives his cattle in order to...

Editor’s Pick

The Institute of Directors has had to investigate allegations about how the lobby group is run. The investigation comes just four years after Lady...

You May Also Like


BW FILE PHOTO GROSS BORROWINGS by the National Government reached P2.6 trillion as of end-September as it continued to raise funds to respond to...


REUTERS By Luz Wendy T. Noble, Reporter The country’s foreign exchange buffers slightly increased as of end-October as the value of the central bank’s...


COVID-19 has had a significant impact on the mental health of Filipinos across different groups all over the archipelago. From frontline workers, parents balancing...

Financial Advisors

The healthcare ecosystem is one that has thrived on the cusp of scientific progress, benefitting enormously from the winds of change in the technological...

Disclaimer: Respect, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2022 Respect Investment. All Rights Reserved.