Build rates rose when permitting was reformed — which no amount of competitive pressure had achieved.
Startup · Topic
PLDT, Globe, Converge, ABS-CBN and the country’s internet infrastructure problem.
Build rates rose when permitting was reformed — which no amount of competitive pressure had achieved.
A licence is not an asset. It is a permission, and permissions can be withdrawn.
Passing more homes than you can connect is how fibre operators destroy capital.
A subscriber base built for phone calls turned out to be the ideal foundation for banking the unbanked.
Every era’s cash cow funds the infrastructure that makes it obsolete. That is the whole business.
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