Business

Katigbak admits ABS-CBN can lose ‘most desired’ Channel 2, DZMM 630 frequencies: We’ll start from scratch if we get no franchise soon

ABS-CBN president Carlo Katigbak admits that the Lopezes could lose the highly desired frequencies held by the family for decades if the media giant does not get a franchise from Congress soon.

In a Senate hearing, Katigbak said ABS-CBN would have to start from scratch – buy new transmitters – even if it got a new franchise but lost the much desired frequencies Channels 2 and 23 and DZMM 630 and MOR 101.9.

“We have built a national radio and TV network and the transmitters were built on the frequencies granted to us. Those transmitters are specific to the particular frequency that we operate in,” said Katigbak.

“If we lose the frequencies assigned to us, it will be another substantial investment in equipment and time before we can get back on air,” he added.

This means, that even if Congress does give it a new 25-year franchise, ABS-CBN will have to settle with higher and less efficient frequencies still available. Katgbak admits that almost all TV and radio analog frequencies were “almost taken up.”

Senator Migz Zubiri said there was the real possibility that ABS-CBN could lose its frequencies due to Congress’ non-action.

“There is dire need to be able to have a franchise immediately so you may maintain the frequencies from NTC (National Telecommunications Commission),” he said.

Related story: Why ABS-CBN’s frequencies are most coveted in broadcast industry

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