What a bright Monday morning as hours before the start of an international tech event, something to look forward to the possibly improvement of PH internet
In a media event earlier, PLDT-Smart Group with the help of Globe will acquire the 700 MHz frequency from San Miguel Corporations telco business.
Globe and Smart will will each have the 50 percent equity in SMC's business.
In a series of tweets from @livesmart, they said that this move will provide benefits to PLDT, Smart, TNT and Suu customers to improve the state of PH internet. The acquistion was amounted to Php 52.85 billion and will be paid in 3 tranches: 50% will be made upon signing, 2nd payment of 25% after 6 months and final 25% at a year after the first payment