The discussions during the October 15 meeting with broadband provider Converge ICT Solutions Inc. and South Koreans telco giant KT Corp. was focused on the experience gained from South Korea’s digital Transformation, Issues of the industry, and the Philippines’ own requisites, Information and Communications Secretary Ivan Uy said

A Cabinet official emphasized that the recent meeting between representatives of two telecommunications companies—one local and one from South Korea with Ferdinand “Bongbong” Marcos Jr. was intended to increase connectivity in the Philippines.

The new law requires telcos (telecom firms) and other public telecommunications entities to create a database of mobile phone SIM cards and their users.

According to earlier rumors about the conference, the government was reportedly looking for investors in information and communications technology. In a tweet sharing photos from the meeting, BBM stated that it aimed to “organize internet services in the country.”

The meeting took place after Marcos signed Republic Act (RA) 11934, also known as the “SIM Card Registration Act,” which seeks to combat spam messages and text fraud.