THE National Telecommunications Commission (NTC) announced that they had exceeded their 2023 collection target by 62%.

This translates to more than P3.5 billion.

According to a press statement from the NTC, their target collection for 2023 was pegged at P5.91 billion. 

The actual collection as of December 31, 2023 was at P9.43 billion.

Also, the NTC noted that the achievement was ''a culmination of its personnel’s concerted effort to strictly enforce stakeholders’ compliance in remitting spectrum users’ fees, supervision and regulation fees and penalties.''

“The NTC’s systematic collection effort is the Agency’s modest way of contributing to the public service programs of our dear President Ferdinand R. Marcos, Jr. – priorities of which are on food security, free and universal primary education, and public health,'' NTC Commissioner Ella Blanca Lopez said.

The government agency regulates various cable and commercial television operators, as well as broadcast radio stations, telecommunications companies and commercial and portable radio operators.