MANILA - The Department of Information and Communications Technology (DICT) on Wednesday said a local firm has submitted an unsolicited proposal to build common towers for the country's telecommunications companies.
DICT Officer-in-Charge Eliseo Rio said ISOC Infrastructures proposes to build 25,000 towers nationwide in 7 years at a cost of P100 billion.
The government has proposed having common towers for telcos to facilitate the entry of a third major player in an industry currently dominated by Globe and PLDT.
Construction of cell towers will be delegated to other firms and the structures leased to telcos, thus freeing the third player from the cost of building its own towers.
Rio said they will still study the unsolicited proposal and open it up for other firms to challenge the bid.
"In effect, this is also groundbreaking for us. This is the first time we are going to do this," Rio said.
Rio said on Tuesday he expects the terms of reference for the selection of the third telco to be completed by the end of September or early October.
If all goes well, he said a new major telco player may be in place by mid-2019.