Third telco may be named by September, DICT says | ABS-CBN
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Third telco may be named by September, DICT says
Third telco may be named by September, DICT says
ABS-CBN News
Published May 31, 2018 10:12 AM PHT
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Updated May 31, 2018 10:21 AM PHT
MANILA - The government may name the new telecommunications company as early as September, the government official overseeing the process to select the challenger to Globe Telecom and PLDT Inc said Thursday.
MANILA - The government may name the new telecommunications company as early as September, the government official overseeing the process to select the challenger to Globe Telecom and PLDT Inc said Thursday.
Up to 4 companies have expressed interest as terms of reference for the selection are being prepared, Department of Information and Communications Technology officer-in-charge Eliseo Rio said.
Up to 4 companies have expressed interest as terms of reference for the selection are being prepared, Department of Information and Communications Technology officer-in-charge Eliseo Rio said.
"The purpose really is to review terms and reference of the selection process, to make sure the new player can really compete with Globe and PLDT," Rio told DZMM.
"The purpose really is to review terms and reference of the selection process, to make sure the new player can really compete with Globe and PLDT," Rio told DZMM.
Rio said he did not want to risk a repeat of a challenger backing out, referring to San Miguel Corp's botched plan to partner with Australia's Telstra.
Rio said he did not want to risk a repeat of a challenger backing out, referring to San Miguel Corp's botched plan to partner with Australia's Telstra.
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San Miguel in 2016 sold its telecommunication assets to Globe and PLDT.
San Miguel in 2016 sold its telecommunication assets to Globe and PLDT.
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