Two of the Philippines largest telecommunications company, PLDT and Globe agreed to establish a bilateral Internet Protocol (IP) peering agreement for faster internet in the country. The Philippines is considered as one of the countries in the world with the slowest internet speed according to international agencies measuring internet speeds worldwide.
The Memorandum of Agreement (MOA) signed on Thursday by PLDT Inc. and Globe Telecom Inc. will allow the direct local exchange of traffic between PLDT’s Philippine Internet Exchange (PhIX) ang Globe Internet Exchange (GIX) that is allocated to each other’s own broadband and mobile customers.
The newly signed agreement between PLDT and Globe mandates the telcos to work towards executing a “fuller” bilateral peering agreement within 90 days after the initial phase has been accepted.
In a statement released to the media PLDT stated that “The MOA paves the way for the initial phase of bilateral peering which is localized IP traffic exchange between PLDT Group broadband and mobile subscribers and Globe Group subscribers, which should be completed 30 days after the execution of the MOA,” PLDT said.
The IP peering between the two competing companies will make the speed of internet in the Philippines faster as Globe noted that the internet may register speeds almost 10 times faster as usual.
Based upon the plans of Globe and PLDT, the first thirty days following the deals entails the initial interconnection of the two telecommunications companies, while the next 90 days will be alloted for reviewing and finalizing the “essence and spirit” of the transaction.
Sen. Bam Aquino one of the senator who has been pushing for IP peering duirng the Senate hearing on the country’s internet conditions welcomes the signing of a memorandum of agreement (MOA) for IP peering between PLDT and Globe, which was ironed out after months of talks between the two biggest telecom companies in the country.