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09/10/2008 - ETPI SETS P1.5 -B BUDGET FOR NEW INVESTMENT

Eastern Telecommunications Philippines Inc. (ETPI) is allocating P1.5 billion next year to fund two major investment s fullfill its vision to be preferred telecommunications company in its franchise areas. During a press briefing, ETPI officials unveiled a P500-million cable backhaul facility being constructed in Basugbu Batangas. This facility will help ETPI to expand it’s francise to win clients in Cavite and Laguna and generate incremental revenues. "The backhaul facility that we are building will serve as a link in which we can source bigger bandwidth for our data services. This will help us win more clients because we will be having bigger capacity to better serve more corporate clients," said ETPI chief finance officer Raul C. Pagdanganan. ETPI is also spending P110 million to overhaul its system capabilities with a new Business Support (BSS) that will improve  the company's productivity by better orginizing information  improving decision-making processes, proactively defining target clients to enhance customer acquisition and improving customer care processes.

Source: Manila Bulletin, p. B1 - 091008

Related News: Philippine Daily Inquirer, Business, P. B6-091008