Lowest Price Internet Connection with 100 Mbps Speed Offered by Chavit Singson's Firm as 3rd Telco Player

LCS Group of Companies chairman, former Governor Luis "Chavit" Singson assured the Filipino public that they will offer the lowest possible price for internet connection with 100 Mbps speed once his consortium will be granted by the Duterte administration as the third telco player in the country.



Gov. Singson revealed during a gathering with some members of the meda in Quezon City that his company, LCS Group have already signed an agreement with TierOne to buy an quity stake with an international broadband satellite operator that will pave the way for his company to have it's own satellite.

The veteran politician and prominent businessman revealed also that part of their agreement with the international company is their plans to become the third telco player in the Philippines.



The said international company will launched their own satellite this coming August or September 2019, during this time, the Philippines will already finalized the third telco player who will compete against the giants PLDT and Globe.

The company owned by Singson also promised that they will reduce the cost of internet connection of up to 95 percent compared to its competitors.

Singson noted that if their competition will price their connection at P100, they can still compete with just P5.00. They also plans to become the telco of every Filipinos featuring a cable and satellite with "full connectivity" in all 7,107 islands in the Philippines.

Once granted by the Duterte admin with the third telco franchise, the Singson group of companies and its partners will provide at least 1.3 Gigabits per second  bandwith per transponder and could deliver a connectivity speed of up to 100 Megabits per second (Mbps) due to the availability of their own satellite.

Source: Abante Tonite

Lowest Price Internet Connection with 100 Mbps Speed Offered by Chavit Singson's Firm as 3rd Telco Player Lowest Price Internet Connection with 100 Mbps Speed Offered by Chavit Singson's Firm as 3rd Telco Player Reviewed by Phil Newsome on October 29, 2018 Rating: 5
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