The Palau National Communications Corporation (PNCC) continues to reap the highest revenue from its cellular operations with over $7.5 million in revenues last year, according to its 2016-2017 Biennial Report.
“Cellular operations have consistently contributed to the highest source of revenue and continue to grow over the past five years,” the report stated.
PNCC, in that period, have 26, 456 GSM Mobile Customers including 23, 630 prepaid accounts and 2,916 postpaid accounts.
The report also stated that the GSM mobile revenue had a strong growth of 26.6 percent for 2016 reflected by the brisk demand for the prepaid services and the launching of 3G services at the later part of 2015. By 2017, it increased to 59 percent.
With the increase in GSM demand, PNCC, however, increased its operating expenses increased by 2.21 percent or $15.4 million in 2016 to $15 million in 2017.
PNCC also enjoy increased Internet revenue by 24.4 percent in 2017, stating that the customers prefer subscribing with Homenet and Palaunet services.
The telecommunications corporation stated that the GSM expansion project increased service performance and the subscribers’ base to 26,546 at the end of 2017.
With the expansion, as of 2017, there were 2G/3G cell sites located in Melekeok, Ngiwal, Ngardmau, Ngaremlengui, Ngaraard, Aimeliik, Ngarchelong, Ngchesar, Ngatpang, Kayangel, Peleliu, and Angaur.
It also reported that there are 13 cell sites in Koror and Airai.
PNCC also reported that with reduced satellite costs it allowed PNCC to lower DSL rate.
The fiber connectivity also prompted increased to 27 percent while internet accounts increased by 30 percent.
PNCC said in its report that it will continue to look into “future economic and technological growth.” (Bernadette Carreon)