• PNG Business News

Cable project to accelerate PNG businesses growth


When a national transmission network (NTN) is completed, internet connectivity and its high costs will not be as big a concern for businesses in the country.


That is because it will use fiber-optic cable as the primary service route and satellite as a secondary route..


As reported in this newspaper, the NTN is about 60 per cent complete and when completed will accelerate internet connectivity speed, reduce cost significantly and enable networking of small to medium businesses to partner and share ideas on how best to go about doing business in the competitive market place.


According to small start up businesses (SMEs) and local entrepreneurs, the 4700km fibre-optic cable project will accelerate the growth and expansion of their businesses whereas the NTN will provide the platform for business networking and connectivity with lower costs for internet usage.


Generative Solution senior consultant Grant Liptrot said PNG is gearing up to meet the evolving ICT technology with stable internet connectivity.


Mr Liptrot in an interview with the Post-Courier at a event called the TechLab Community Meet held in Port Moresby stated that there are lots of opportunities that these projects will bring are huge.


“One of the things with technology is if you haven’t been exposed to this wide range of technologies as they emerged, it’s very hard to put that in to practice,” he said.


“So part of what we are doing is bringing those newer technology to PNG, showing them to various entrepreneurs and giving them opportunities to work with various Microsoft products for example which they might not have access in the past.


“And they are the kind of technologies that don’t cost a lot of money to start up and you can do it quite in extensively because they have far reaching benefits to businesses and the community.”


Rosemary Benjamin, owner and founder of Allegiance Health when asked said the fibre-optic cable project will really help them in getting them connected and networking and partnering with other small and medium enterprises or SMEs with lower internet rates that will help accelerate the growth and expansion of their businesses.


Mrs Benjamin said the fiber-optic cable connectivity will bring a lot of benefits to the local entrepreneurs and SMEs using technology with faster internet access that will come with lower rates or costs.


“This will enable us to deliver the services and products more effectively and efficiently on time all using technology vent,” she said.


Source: https://postcourier.com.pg/cable-project-accelerate-png-businesses-growth/

PNG Business News

2nd Floor, Suite 6,

Corinthian Plaza Building,

Paseo De Roxas, Legaspi Village,

Makati, Philippines

Phone: +632 251 5599

Subscribe to Our Newsletter

  • White Facebook Icon

© PNG Business News