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Philippines - Infocom forecasts satellite Internet turnover.

Asia Africa Intelligence Wire

| February 06, 2003 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From RDSL Asia/Africa)

Infocom Technologies, Internet unit of ePLDT, is forecasting that it will generate turnover of P31.5 mil during 2003 from its new one-way satellite Internet service. The company expects 300 businesses and 1,700 individuals to have signed up to use the service by end-2003. The company is aiming for overall turnover of P500 mil during 2003, vs between P390 mil and P400 mil in 2002, helped by the introduction of more non-traditional Internet access services. The new satellite Internet service …

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