MANILA, Philippines – Looks like the telco wars are heating up.
With negotiations between Telstra and San Miguel Corporation underway, Globe’s President and CEO Ernest Cu said he was not scared of a possible entry of the Aussie telco into the local market since nothing was set in stone yet.
“Once they sign, we’ll talk, but right now there is no deal yet,” he told Rappler. “I don’t get scared of ghosts.”
“Anyone who comes in is a threat,” he continued. “But I’m not going to react to a threat that’s not real. Sign the contract and we’ll play.”
Globe Will Still Win Anyway
“They are priming the market, we’ve been working on our network for 13 years now,” he said. “Do you think they can deliver on Day One?”
“We have the formula that’s worked really well for us for the last five years,” he added.
PLDT Also Preparing
For his part, Philippine Long Distance Telephone (PLDT) Chairman Manuel V. Pangilinan said his company is gearing up for any eventuality.
“We need to protect our market share for prepaid and postpaid,” he said. “We’ll feel it immediately but it depends on what their tactics are.”
“It’s hard to speculate,” he continued. “But really, they wouldn’t come in without a fanfare. Some will people will be lured to try the novelty of a new player.”
The public, suffering from one of the slowest Internet speeds in Asia, is hoping the arrival of Telstra in the country will result in more choices and better service.