LISTED Transpacific Broadband Group International, Inc. (TBGI) said it has set a target to install 10,000 sites and towers for what it identified as the third player in the telecommunications industry.
“TBGI plans to install 10,000 sites and towers of the third telco through its network of affiliate organizations,” the company said in its 2020 annual report released Monday.
TBGI Vice-President Paul B. Saria clarified in a phone interview that the company has “no direct contract” with DITO Telecommunity Corp., which is commonly referred to as the third telco.
“We are already starting the installations for that,” he added.
The company said in its annual report that it “supports the long-distance haul of signals of the third telco, including provisions for remote sites and towers.”
It said the coronavirus pandemic has further amplified the need for communication and connectivity.
“The COVID-19 pandemic showed the urgency of staying connected despite distance. The bulk of TBGI’s customer base has requested activation during the onset of the pandemic,” the company said.
“With the fast-growing demand for connectivity, TBGI has invested in new satellite infrastructure (Ka-Band) to provide the most reliable and cost- efficient connectivity to its subscribers, thereby increasing shareholder value and economic performance,” it added.
TBGI said it generates revenue mainly from internet, intranet, and local loop services subscriptions for schools, the private sector and government agencies.
It is also developing a niche as a telecommunications tower infrastructure provider. — Arjay L. Balinbin