ICYMI: SpaceX, a company founded by tech billionaire Elon Musk, will launch its satellite internet service in the Philippines sometime in the last few months of the Duterte administration, said Trade and Industry Secretary Ramon Lopez.
“The Philippines is set to be the first in Southeast Asia to avail of such technology that will bring high-speed satellite broadband connectivity to customers, particularly to areas where connectivity has been difficult or impossible,” it added.The Board of Investments, DTI’s investment promotion arm, has been in talks with Space Exploration Technologies Corp., which wants to bring its Starlink project to the Philippines.
The DTI said the amendment was a “critical factor in the company’s decision to invest, as all its technologies are proprietary.”The Philippine Constitution required that public utilities must be 60-percent Filipino-owned. But the charter did not define “public utilities.” Moreover, the PSA, or Commonwealth Act No. 146, listed and regulated public services, which were treated as public utilities.
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