• 3,000 firms
  • Independent
  • Trusted
Save up to 70% on staff

News » BOI, SpaceX in talks over PH investment plan

BOI, SpaceX in talks over PH investment plan

BOI, SpaceX in talks over PH investment plan

The Board of Investments (BOI) is in talks with Elon Musk’s SpaceX Exploration Technologies Corp. on a plan to set up satellite internet services in the Philippines.

In a statement, BOI said that the Department of Trade and Industry (DTI) Undersecretary Ceferino Rodolfo had a series of follow-up online meetings with the company after the ratification of the proposed amendments to the Public Service Act (PSA).

In the initial meeting, SpaceX subsidiary Starlink is looking to put up a Philippine-registered company offering satellite internet services that will provide broadband connectivity to remote areas.

 BOI added that this could deliver high-speed satellite broadband connectivity to customers nationwide, “specifically in areas where connectivity has been a challenge.” 

Starlink provides the most advanced satellite broadband internet system in its 1,600 satellites globally.

Currently, Starlink provides its services to 29 countries, with Ukraine being the latest as a result of Russia’s assault.

Read more here.

Start your virt
journey today

  • Independent
  • Free
  • Transparent

About OA

Outsource Accelerator is the trusted source of independent information, advisory and expert implementation of Business Process Outsourcing (BPO)

The #1 outsourcing authority

Outsource Accelerator offers the world’s leading aggregator marketplace for outsourcing. It specifically provides the conduit between Philippines outsourcing suppliers and the businesses – clients – across the globe.

The Outsource Accelerator website has over 5,000 articles, 450+ podcast episodes, and a comprehensive directory with 4000+ BPO companies… all designed to make it easier for clients to learn about – and engage with – outsourcing.

About Derek Gallimore

Derek Gallimore has been in business for 20 years, outsourcing for over eight years, and has been living in Manila (the heart of global outsourcing) since 2014. Derek is the founder and CEO of Outsource Accelerator, and is regarded as a leading expert on all things outsourcing.