NTC collection hits P9B, exceeds target by 72%

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State-run National Telecommunications Commission (NTC) yesterday said it has exceeded its collection target for 2021 by 72 percent or P3.82 billion.

In a statement, NTC said as of Dec. 31, 2021, its actual collection stood at P9.09 billion, higher than the initial target collection of P5.27 billion.

This is the sixth straight year under the Duterte administration that the NTC exceeded its collection target.

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“I am grateful to both the NTC and DICT (Department of Information and Communications Technology) families for this achievement. Our collective effort in providing excellent public service indeed made us surpass what was expected of us,” said Gamaliel Cordoba, NTC commissioner.

Cordoba noted the agency’s income target was surpassed despite the restrictions imposed on people’s mobility due to the coronavirus pandemic.

NTC said the achievement was a culmination of its personnel’s concerted effort to strictly enforce stakeholders’ compliance in remitting spectrum users’ fees, supervision and regulation fees and penalties.

NTC regulates cable and commercial television operators, broadcast radio stations, telecoms companies and commercial and portable radio operators.

The achievement for the past six years demonstrates the NTC and DICT’s support to the national government and the public service programs pushed by President Duterte — priorities of which are on infrastructure, agriculture and rural development, and peace and order.

Collection targets of the agency are mandated in the Budget of Expenditures and Sources of Financing, a document required by the Constitution and consolidated by the Department of Budget Management.

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