Saturday 18 November
Powered by Ajaxy
Oct 31, 2017 @ 19:04

PCC to scrutinize TransCo’s plan to diversify into telco


The National Transmission Corp.’s (TransCo) plan to enter the telco sector will go through the Philippine Competition Commission (PCC).

“That would, obviously, have to take the competition lens,” said PCC chairman Arsenio Balisacan.

PCC can also work together with TransCo in forming the policy since they also have an advisory role, Balisacan said.

“Since this is a government project, PCC is [part of] government, we need to work closely together,” he said.

TransCo president Melvin Matibag earlier said the state-run firm wanted to diversify into the telecommunications services using the power grid’s existing facilities.

He said this plan was already approved in principle by Energy Secretary Alfonso Cusi.

Tags: , , , ,

Related Stories
The Philippine Competition Commission (PCC) has approved Chelsea Logistics Holdings Corp.’s planned acquisition of local
The Philippine Competition Commission (PCC) has approved Global Business Power Corp.'s acquisition of a 50
The extra revenues will fund Marawi rehabilitation plans.
The Philippine Competition Commission (PCC) today approved the acquisition by Japan Tobacco (Philippines) Inc. (JTPI)


Trending News

Recommended on sister sites

Copyright © 2017 Bilyonaryo -