16 Aug PT&T confident to thrive amid latest ECQ
Philippine Telegraph & Telephone Corp. (PT&T) is confident that the company will thrive should the ongoing enhanced community quarantine (ECQ) persist longer than initially expected.
PT&T president and CEO James Velasquez said he hopes the impact of the ECQ will be minimal, but demand from its core market is expected to remain strong.
“We’re confident that in this time of pandemic, telco and IT services sector will thrive, as demand remains strong and steadily growing,” he said in an emailed statement on Monday.
“This sector will also be essential to our country’s economic recovery as it provides invaluable help to SMEs and MSMEs that need to restart their business,” he said.
Metro Manila is under ECQ, the strictest quarantine restrictions, until August 20, 2021. No guidance has been given so far as to what follows.
News source: GMA News