PLDT/Smart not keen on surrendering frequencies to gov’t
PLDT has expressed reservations over the Department of Information and Communications Technology’s proposal to reassign coveted frequencies to a third telco player.
“That’s a serious matter of public interest. As far as we’re concerned, we are using extensively the frequencies we acquired from San Miguel,” PLDT chairman and president Manuel V. Pangilinan told reporters.
The DICT is crafting the guidelines on the assignment of frequencies to a third telco player. These frequencies include excess frequencies from PLDT and Globe and some 85 Megahertz.
There are still two 3G frequencies available but the DICT will make sure only those with financial and technical clout will be allowed to enter the highly competitive industry dominated by PLDT and Globe.
As a condition to the grant of frequencies, these will be returned to the government if the company is bought or merges with Globe or PLDT.
PLDT and Globe jointly acquired the telco business of conglomerate San Miguel Corp. for almost P70 billion.