Wednesday 14 November
Powered by Ajaxy
BILYONARYO PLDT FREQUENCIES Jan 14, 2018 @ 18:04

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.

Please follow and like us:

Tags: , , , , , , , ,

Related Stories
Government lawyers have asked the Manila regional trial court (RTC) to turn down a law
Smart Communications Inc. outperformed rival Globe Telecoms in terms of providing the best video experience
This politiko wants to go against the MVP and Ayala giants.
Will the duopoly budge given Apple's new technology?


 

Trending News

Recommended on sister sites

Copyright © 2018 Bilyonaryo - Latest news on the richest Filipinos and Family Business.