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Chinese telecommunications companies to invest in the Philippines

If there’s one thing that Filipinos can agree on, it’s that internet speed in the country is slow and expensive. With a population of over 100 million, and with Filipinos being heavy social media users, telecommunications is big business. In fact, Facebook has just signed a deal with the Philippine government to put up a new underwater cable system, and Chinese telecommunications companies have already expressed interest in investing in the country.

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