The National Telecommunications Commission (NTC) exceeded its 2023 collection target of P5.91 billion by over P3.5 billion or 62 percent.
NTC said actual collection in 2023 stood at P9.43 billion.
NTC attributed the performance to its personnel’s concerted effort to strictly enforce stakeholders’ compliance in remitting spectrum users’ fees, supervision and regulation fees and penalties.
NTC is the government agency that regulates cable and commercial television operators, broadcast radio stations, telecommunications companies and commercial and portable radio operators.
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.
