Elon Musk's SpaceX eyeing PH Internet market, says Pacquiao
Aspiring president Senator Manny Pacquiao said Tuesday, March 29 that aerospace manufacturer SpaceX, owned by business magnate Elon Musk, expressed interest in the country's Internet technology and telecommunications market.
Pacquiao called on the country's telecommunications service providers to step up in improving the quality of their products following his second meeting with the company's officials at a hotel in Taguig City.
In January, Pacquiao had his first meeting with Space X executives to discuss the possibility of using low orbit satellites to provide cheap Internet services and establish a spaceship launchpad in the Philippines.
Pacquiao's recent call to telco providers came after President Duterte signed the Public Service Act (PSA), which will allow foreign telcos like Space X’s Starlink to enter the Philippine information technology (IT) market without requiring a Filipino partnership.
"I have no doubt that the entry of Space X into the Philippines would be a major game-changer, especially in the IT sector. We would definitely see a major upgrade to our IT infrastructure. There will be no more lags and no place unreachable," Pacquiao said.
Space X’s Starlink is the world's one and only global broadband network provider. Because Starlink satellites are in a low orbit, Internet speed is faster, the coverage is limitless and is insusceptible to weather conditions.
"I also hope to see greater collaboration among global tech giants like Space X with our local IT service providers so that they too can keep up with the demands of the IT market. We all have to work together for a better life for all Filipinos," Pacquiao said.