Arsenio Ng’s TBGI to seek renewal of franchise
Transpacific Broadband Group International will apply for renewal of its Congressional franchise for another 25 years to take advantage of opportunities in the lucrative telecommunications sector.
TBGI is seeking the extension of its franchise until 2048 to support its bid to become the country’s third telco player. Its franchise will expire in 2023,
The company maintains its current satellite operations for uplink services, VSAT services and internet over satellite services to service the education and commercial sector.
TBGI also plans to participate in a consortium that is vying to build common cell towers for use of telco firms.
It plans to establish a representative office in China in partnership with a Chinese consortium involved in telecoms and technology, the aim of which is to bring in artificial intelligence (AI) initiative, blockchain technology, asset-backed initial coin offering (ICO), and Internet of Things technology.
The China representative office will complement the PEZA Ecozone of ATN Group, by orienting possible host locators including AI / technology companies.