#globe smc

Shortly after PLDT filed a TRO against the Philippine Competition Commission (PCC), Globe has filed the same before the Court of Appeals to preserve the multi-billion peso deal with San Miguel Corporation. According to Globe, the parties have strictly followed the provisions of Sections 4 and 5 of the PCC Memorandum Circular No. The PCC cannot withhold and block the transaction out of a process not found in their own rules, and not disclosed to the public." Despite the petition, Globe will continue to roll out services using the spectrum it acquired from SMC's telco assets which includes 700 MHz frequency. In its petition for certiorari, prohibition and mandamus with prayer for a temporary restraining order, Globe emphasized that when the acquisition was made in late May of this year, the parties have strictly followed the provisions of Sections 4 and 5 of the PCC Memorandum Circular No. Despite this Petition, Globe continues to roll out using the co-used spectrum with the joint buyout of San Miguel’s telco assets, as the company is committed in improving the internet experience of its customers. Globe is also making use of its additional allocation in the 2600 MHz band to provide additional layer for its LTE network for faster data connectivity. Read more in our articles including "Globe also files TRO against PCC to defend SMC telco assets acquisition" and "Globe drops Visibility Prepaid Kit price to Php3,500".