PLDT’s prepaid “Budget Card” now lets Pinoys call overseas destinations for only PhP 5.00 per minute. It’s not exactly advertised on the Budget Card’s web profile, but PLDT has been distributing flyers to its landline subscribers that they’ve lowered their rates.
Yes, that’s 5 Pesos per minute!
At an exchange rate of PhP 56 : US$ 1, that’s about 9 US cents per minute. Still more expensive than the SkypeOut standard of about 3 US cents per minute (inclusive of taxes and all that), but for the Juan dela Cruz who doesn’t have a PC and a decent (read:fast) Internet connection, that’s cheap enough!
Note that the card says “Powered by Net2Phone.” This means Budget Card calls are cheap because they’re actually coursed thru the Internet. Yes, it’s in fact Voice-Over-Internet Protocol. PLDT is (quite unfairly?) competing with local value-added service providers in the VoIP space.