In a report by ABS-CBN, China Telecom‘s fate in the country was revealed during a Senate hearing on proposals to revise foreign ownership restrictions in public. It was said that they could either partner with Globe or PLDT or help facilitate the entry of a third player if they wish to continue with their investments in the country.
According to DICT Undersecretary and OIC of DICT, Eliseo Rio Jr., If China Telecom were to partner with either of the two dominant Telco’s then they would have to surrender the frequencies allocated for the third player. This includes the CURE frequencies that PLDT will relinquish. Although China Telecom isn’t the only company willing to usher in a third telecommunications firm, PT&T and TierOne have also expressed interest.
In order to help the DICT and the Philippine government in the selection process of a third carrier, a representative from the UN special agency of Communications and Technology will be arriving next week.
source: ABS-CBN
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Freeje says:
What’s the use of partnering with current Telco players when the objective is to increase competition and improve services? That will be a dumbass move.
Kris Vergara says:
TierOne Entertainment ba to?
Dogi says:
Stupid 60-40 law. No one in their right mind would invest massive capital and not own said business. I wouldnt. That law is backwards and only serving greedy local elites.
Dogi says:
Stupd 60-40 law. No one in their right mind would invest massive capital and not own said business. I wouldnt. That law is backwards and only serving greedy local elites.
crappycoco says:
It’s useless to have 3rd party telco if they going on partnership with those shits.
Erik says:
PLDT had a meeting with CHINA Telco… so possible talaga makipag tie up sila. tsk tsk
Darell says:
It does mean lang talaga na PLDT are have a great Internet Connection and provider in our country. :)
Georgie says:
Whats the problem Kung makikipag tie up sa pldt kc ang pldt ang pinaka oldest at stable na facility and equipment to provide a good service as long as may agreement na isusulong nila ang free competition dapat Di lng China I welcome pa lahat ng applicant.
Pia says:
Dapat I welcome natin lahat ng opportunity para mapabilis ang serbisyo wag muna natin tignan ang negative Kahit man ang pumasok na bagong telco makikipag cooperate pa rin yan sa stable na network lalo na sa pldt Kya wait and see Lang tau and hopefully ang makikinabang ay tayo!
Roxee Reyes says:
Dapat 100% Filipino Ownership ang ikatlong Telco. Just for my opinion lang naman. Para talaga alam natin na yung service talaga ay mapunta sa mga subscriber at hinid para yumaman lang yung company nila, para maramdaman ng mga Filipino na para sa kanila ang 3rd telco na papasok
Roxee Reyes says:
Wala bang ibang telcos coming from other countries. Just worried kasi china can easily spy on phil using their telco if matuloy ito
Darell Ong says:
Wala bang ibang telcos coming from other countries. Just worried kasi china can easily spy on phil using their telco if matuloy ito
Darell Ong says:
Wala bang ibang telcos coming from other countries. Just worried kasi china can easily spy on phil using their telco if matuloy ito.