Tuesday, May 24, 2011

SMC:Liberty pursues expansion of broadband network

Paolo G. Montecillo
Philippine Daily Inquirer

MANILA, Philippines—San Miguel Corp. (SMC)-led Liberty Telecom Holdings Inc. is ramping up spending this year to bolster its wireless broadband Internet network in Metro Manila in a bid to gain more market share.
At its annual shareholders’ meeting on Tuesday, the telecom sector’s newest entrant said it would continue laying down the foundation for its Internet services as it works on turning a profit in the next few years.
“We have 48,000 broadband subscribers now. We are targeting much more this year, hopefully double,” Liberty Telecom chairman Ramon S. Ang said.
The company, according to Ang, currently has 400 cell sites in Metro Manila and nearby areas. By the end of the year, he said another 200 would be installed to ensure full coverage in Metro Manila.

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