For the sixth straight year, the National Telecommunications Commission (NTC) has exceeded its annual collection target by a whopping 72.4 percent.
As of December 2021, NTC collection was at P9.09B, a whopping P3.82B jump from 2020.
“I am grateful to both the NTC and DICT families for this achievement. Our collective effort in providing excellent public service indeed made us surpass what was expected of us,” said NTC Commissioner Gamaliel A. Cordoba, thankful that the agency’s income target was surpassed despite the restrictions imposed on people’s mobility due to the COVID-19 pandemic.
NTC’s achievement was a culmination of its personnel’s concerted effort to strictly enforce stakeholders’ compliance in remitting spectrum users’ fees, supervision and regulation fees and penalties.
The commission is the government agency that regulates cable and commercial television operators, broadcast radio stations, telecommunications companies and commercial and portable radio operators.
The achievement for the past six years demonstrates the NTC and The Department of Information and Communications Technology’s full support to the national government and the public service programs pushed by President Rodrigo Roa Duterte – priorities of which are on infrastructure, agriculture and rural development, and peace and order.
Collection targets of the agency are mandated in the Budget of Expenditures and Sources of Financing, a document required by the Constitution and consolidated by the Department of Budget Management.