ABS-CBN Broadcasting Corp. and TV5 will be spending an additional P1.2 billion combined to upgrade their broadcast systems to Digital Terrestrial Television Broadcast (DTTB) from analog in compliance with the requirements of the National Telecommunications Commission (NTC).
According to TV5, the company will spend about P700 million in the next five years in upgrading and rolling out its DTTB service, with P300 million to be spent this year for DDTB rollout in the National Capital Region and other key cities in the country.
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