MANILA, Philippines — Makati City Rep. Luis Campos is pushing for the passage of a bill that will impose a P1-million daily fine, or as much as P365 million per year, on telecommunication companies that will fail to hit mandatory internet speed targets.
“We clearly still have one of the slowest internet speeds in the world and in Asia…Filipinos deserve faster Internet speeds, which have been associated with higher economic productivity, stronger jobs creation and greater quality of life,” Campos said in a statement on Sunday.
This, as he cited the need for Congress to empower the National Telecommunications Commission (NTC) so that it can set compulsory deadlines for industry p…
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