Jack Ma - during his lecture at the De La Salle University on Wednesday. "It's no good" - on the Philippines’ Internet speed.

Globe president and CEO Ernest Cu and PLDT chief revenue officer Eric Alberto were in the audience when the Chinese Business Tycoon had called out the slow Internet connection in the country.

Jack Ma is one of the founders and executive chairman of Alibaba Group, on of the biggest Electronic commerce company in the world today.

"If we're not covering the internet, it's gonna be worse which is like a hundred years ago how our cities, our countries not connected to the electricity. It's gonna be worse, so we have to make sure that everybody is connected because when you're connected, you can be mobiled, when you're mobiled, you're everywhere," Ma said.

"Blame them (Smart and Globe) for the slow internet,"
Joey Concepcion.

Philippines is still on the Top list on the slowest Internet speed in Asia.  This is a wakeup call for the Philippine Government to ensure that Telcos will make improvement on Internet speed.

"But this is the potential, this is the opportunity and I encourage this government, entrepreneurs, everybody, to work together to improve the speed and coverage of the Internet," Jack Ma added.