In a five-year private-public partnership (PPP) with the government, Transpacific Broadband Group International Inc. (TGBI) of Arsenio Ng plans to launch a microsatellite project.
According to TGBI’s filing to the stock exchange, micro-satellite technology can provide internet speeds of 10 Gigabits per second (Gbps) over Ka and Ku bands. According to reports, 10,000 sites could be linked at 50Mpbs each.
A TGBI statement noted that the partnership would enable the Philippine government to own, control, and operate satellites for civilian and military purposes and provide internet for government services to rural areas.
In addition to making money from internet distribution, TGBI will also make money from the distribution to private entities.’
The TBGI is also set to participate in bidding for the Department of Information and Communications Technology’s (DICT) Php1.6 billion nationwide internet service project.
It was announced that TGBIs intention is to form a joint venture or consortium with entities that would be able to supply the DICTs with the necessary bandwidth.
To ensure compliance with the permission granting telecom services in the country, the company will also provide its franchise as part of the bid requirements.
More importantly, the board of the TGBI approved a Php100 million budget for Internet-of-Things solutions in various industries in the Philippines.
