Dennis Uy's Chelsea Logistics asserts validity of Mislatel's franchise


Posted at Nov 09 2018 01:23 PM

The National Telecommunications Commission (NTC) opens bid documents for the third telecommunications company at the NTC headquarters, November 07, 2018. Jonathan Cellona, ABS-CBN News

MANILA - Dennis Uy’s firm Chelsea Logistics on Friday said the just selected provisional third telecommunications player Mislatel has an existing and valid legislative franchise after a think tank claimed it was non-operational.

Mislatel, selected Wednesday as the country's provisional third telecommunications firm, is a consortium of the Davao-based businessman's Chelsea Logistics and Udenna Corp with state-backed China Telecom. 
But Infrawatch PH convenor Terry Ridon claimed in a Philippine Star report that Mislatel's franchise "has been automatically revoked" for its failure to list in the Philippine Stock Exchange (PSE).

Chelsea Logistics asserted that Mislatel has a franchise. 

“We wish to clarify that prior to the selection process for the third telco, the NTC published a list of telecommunications entities with existing legislative franchises. Mindanao Islamic Telephone Company, Inc (Mislatel) was included in the list,” Chelsea Logistics told the stock exchange.

Based on the list, Mislatel's nationwide coverage franchise will expire by 2023.

Furthermore, the NTC "has accepted the validity" of the franchise when it vetted the documents during the review held Wednesday, the statement read. 

Former Ilocos Sur Governor Chavit Singson also questioned Mislatel's qualifications, citing an “exclusive” binding agreement with another company. 

Singon and Tier1's consortium Sear Telecom, along with PT&T were disqualified from the bid for submitting incomplete documents.

In a joint statement released on Thursday, Senators Franklin Drilon, Risa Hontiveros, Leila De Lima, Francis Pangilinan and Antonio Trillanes IV also called for a careful review of Mislatel.