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Saturday, November 2, 2024

NTC exceeds yearly collection target again

The National Telecommunications Commission exceeded its collection by P1.7 billion as of December 15, 2018.  

The agency said target collection for 2018 was pegged at P4.6 billion, while actual collection amounted to P6.2 billion.

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The target was set by the Development Budget Coordination Committee.  

“Exceeding our target for the past three years is the NTC’s way of showing its full support to the national government and the public service programs pushed by President Rodrigo Roa Duterte,” NTC Commissioner Gamaliel Cordoba said.

The achievement came from the NTC’s concerted efforts to strictly enforce stakeholders’ compliance in remitting spectrum users’ fees, supervision and regulation fees and penalties.

Stakeholders regulated by the NTC include cable and commercial television operators, broadcast radio stations, telecommunications companies and 2-way radio operators. 

This was the third straight year under the Duterte administration that the NTC exceeded its collection target.

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