Thursday 22 February
Powered by Ajaxy
Jan 16, 2018 @ 19:36

Third telco player to get all available frequencies – NTC


The National Telecommunications Commission will assign all available mobile frequencies including the 3G frequency surrendered by PLDT Inc., to the third telco service provider.

NTC deputy commissioner Edgard Cabarios said the agency is preparing the list of frequencies to be given to the third player to ensure it will be able to conpete with industry giants Globe and PLDT

The available frequency bands for the new player are 700 MHz, 800 Mhz, 2100 Mhz, 2500 Mhz and 3400-3500 Mhz.

Cabarios said the new telco player would pay PLDT more than P3 billion for the acquisition of the 3G frequency.

The applicant with the highest committed investment for the first five years shall be selected as the third player. Candidates must have at least P250 billion to P350 billion over five years and must have a valid Congressional telecommunications franchise.

Cabarios said the government expects to select the third player by March.

Tags: , , , ,

Related Stories
Telecommunications giant PLDT Inc. aims to supply its ultra-fast internet connection to six million homes
The government is bent on implementing its common tower policy early next year despite the
President Rodrigo Duterte has openly declared what has been an open secret in local business
Mercury Drug Corp., the country's leading drugstore, has teamed up with PayMaya Philippines to offer


Trending News

Recommended on sister sites

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