Telco firm sets P2.8-B upgrade budget for 2021

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Eastern Communications, a company jointly owned by PLDT Inc. and Globe Telecom, announced a nationwide upgrade program with a capital spending budget of P2.8 billion this year.

It said in a statement on Wednesday the expansion plans will cover Davao City, Cagayan De Oro, Dumaguete, Tagbilaran, Bacolod, Roxas, Kalibo, Caticlan, Boracay, Naga, Legazpi, Iriga and Sorsogon provinces.

“Eastern Communications has started laying fiber optic cables to address requirements of companies in central business districts and has placed strategic hubs in various regional locations in order to better serve the local enterprises in the area,” the company said in a statement.

It said a new area of…

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