Business Headlines

Duterte relents: House committee tells NTC to give ABS-CBN provisional authority to operate until franchise hearing done

President Rodrigo Duterte has eased up his foot on the neck of ABS-CBN Corp.

President Rodrigo Duterte has eased up his foot on the neck of ABS-CBN Corp.

Masyado kayong mayabang! Panelo jeers Lopezes for waiting 4 years before saying sorry to President

After holding the first deliberations on ABS-CBN’s bid to renew its franchise, House Committee on Legislative Franchise chair Franz Alvarez directed the National Telecommunications Commission chief Gamaliel Cordoba to grant the media giant a provisional authority to operate until such time that Congress has made a decision on its application.

Too big to fail? ABS-CBN could default on its P30B loans if it shuts down – Recto

Alvarez also asked the same provisional authority be granted to its subsidiaries or affiliates: ABS-CBN Convergence Inc., Sky Cable Corp. and Amcara Broadcasting Network

Bong Go opens door to ABS-CBN renewal: I will appeal to Duterte for the sake of 11,000 employees

Alvarez was reportedly ordered by President Duterte not to hold any hearing for ABS-CBN’s franchise renewal after publicly declaring he wants to shut it down.

Panelo tells Lopezes how to fix ABS-CBN mess: Benta niyo, tapos kayo rin pala may hawak

But with ABS-CBN president Carlo Katigbak’s apology, Duterte has softened his stand.

Alvarez urged NTC “to include in the respective provisional authorities terms and conditions that the agency deems appropriate to protect public interest consistent with applicable laws, rules, and regulations.”

On bended knees: Apologetic ABS-CBN boss Katigbak says he respects Duterte, expects to get chance from Congress to save franchise

He also asked interested parties to send their positions for or against ABS-CBN’s application within 60 days from February 24.

Feeling the heat? Duterte agrees to let Congress hear ABS-CBN franchise renewal: But President will have final say

ABS-CBN’s franchise will expire on March 4 while ABS-Convergence’s license will end on March 17.

Tiglao raises key issue vs ABS-CBN boss Gabby Lopez: Are you an American citizen?

Business groups risk Duterte ire, ask Congress to address issues vs ABS-CBN franchise renewal

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.