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Home » PLDT returns frequency for third telco player

PLDT returns frequency for third telco player

PLDT Inc. has formally returned one of its frequencies for free to the government, as the country prepares for the entry of a player.

has complied with the directive of the National Telecommunications Commission or to divest 10 MHz of 3G radio frequency that was previously assigned to Connectivity Unlimited Resource Enterprises Inc. or . The telco’s mobile unit acquired the CURE frequency in 2007 and used it to launch the now defunct .

This is to confirm that the PLDT Group is waiving its right to recover any and all costs of investments associated with the affected frequency. Accordingly, the new assignee of the affected frequency shall have no obligation to reimburse the PLDT Group for any of the said costs. – PLDT Chairman and CEO Manuel V. Pangilinan

The Department of Information and Communications Technology or expects the new major telco player to be identified within the last week of May until the first week of June this year.

Source: PTV News

Heland Ortega
Heland Ortega
This article was written by Heland Ortega, Junior Contributor of YugaTech. He is a graduate of Information Technology and Multimedia Arts at FEU Institute of Technology in where he is also now working as a full-time faculty. You can follow him at @helandortega.
  1. pak u pldt ibalik niyo nalang lahat… base plan niyo bulok 3Mbps fiber pa

  2. Natakot Matuli si MVP ni Du30

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