NTC surpassed 2022 collection target by 70%

The National Telecommunications Commission said Friday it surpassed its 2022 collection target by 70.21 percent.

The agency said it collected P9.50 billion last year, higher than the target of P5.58 billion set by the Development Budget Coordination Committee.

“The NTC’s systematic collection effort is the agency’s modest way of contributing to the public service programs of our dear President Ferdinand Marcos, Jr.—priorities of which are on food security, free and universal primary education, and public health,” NTC officer-in-charge commissioner Ella Blanca Lopez said.

The regulator’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.

NTC is the government agency that regulates cable and commercial television operators, broadcast radio stations, telecommunications companies, and commercial and portable radio operators.