I agree with gizmo, the advantage is so you don't have to rename it if you rename your class. DRY.
Similarly, if you have a child class you can call
parent::__construct()
to call the parent constructor. If further down the track you change the class the child class inherits from, you don't have to change the construct call to the parent.
It seems like a small thing, but missing changing the constructor call name to your parents classes could create subtle (and not so subtle) bugs.
For example, if you inserted a class into your heirachy, but forgot to change the constructor calls, you could started calling constructors of grandparents instead of parents. This could often cause undesirable results which might be difficult to notice.
Also note that
As of PHP 5.3.3, methods with the same name as the last element of a namespaced class name will no longer be treated as constructor. This change doesn't affect non-namespaced classes.
Source: http://php.net/manual/en/language.oop5.decon.php
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