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Udenna Corp, China Telecom sign $5.4-billion deal for third telco Mislatel

ABS-CBN News
Updated as of Apr 26 10:31 PM

Dennis Uy's Udenna Corp., and Chelsea Logistics Holdings Corp. signed the agreement with Chinatel in Beijing last April 25 to formalize their "mutual undertakings and obligations" to become the country's third telco provider, the company said in a statement. Read more »

Mislatel moves start of commercial operations to early 2021

ABS-CBN News
Posted at Mar 15 03:05 PM

The tentative 2021 schedule was estimated "under the consideration" that its CPCN will be awarded by March, Chelsea Logistics, a member of the Mislatel consortium along with Udenna and China Telecom, said in a disclosure to the stock exchange. Read more »

'No delay' in Mislatel's third telco rollout, spokesman says

ABS-CBN News
Updated as of Feb 20 11:47 AM

Mislatel's commercial operations are set to begin in the first quarter of 2020. Read more »

Phoenix Petroleum, China's CNOOC seek partnership with Philippine National Oil Company

ABS-CBN News
Updated as of Feb 14 02:14 PM

Tanglawan is "looking into" signing a Memorandum of Understanding with the PNOC, businessman Dennis Uy's Phoenix Petroleum told the stock exchange. Read more »

Mislatel can ‘withstand any scrutiny’ after securing Congress nod: spokesperson

ABS-CBN News
Posted at Feb 08 06:54 PM

Any legal case against mounted against Mislatel will be considered “baseless” after the Congress affirmed the validity of its franchise, its spokesperson said Friday. Read more »

Mislatel needs ratified Congress resolution before telco service rollout: DICT

Sherrie Ann Torres, ABS-CBN News
Posted at Feb 07 06:41 PM

The certification will serve as a "go signal" for Mislatel to start the rollout of its 5-year commitment, Rio told reporters. Read more »

Senate approves Mislatel transfer of ownership to Dennis Uy, China Telecom consortium

ABS-CBN News
Updated as of Feb 07 02:32 AM

Senator Grace Poe, chairman of the Senate public services committee that investigated the third telco, said earlier that Mislatel's predicament could be "cured" with "amendments" to take into account national interest. Read more »

Congress can 'cure' Mislatel franchise issues, says official

ABS-CBN News
Updated as of Feb 04 12:30 PM

If Mislatel completes all the post-qualification requirements before Feb. 7, including a Senate resolution in favor of its franchise, the National Telecommunications Commission can transfer frequencies to the third telco. Read more »

Mislatel insists franchise is valid in Senate third telco hearing

ABS-CBN News
Updated as of Jan 30 12:50 PM

Mislatel spokesman Adel Tamano said a "quo warranto" proceeding was needed to challenge the franchise. During the last hearing, it was revealed that a company, also called Mislatel, is the holder of the franchise that was granted in 1998. Read more »

Poe: New third telco bidding better than court challenge

ABS-CBN News
Updated as of Jan 29 02:03 PM

It will be better to restart the search for the country's third telco player than risk having the franchise of Mislatel, the current winning bidder, questioned in court, Senator Grace Poe said Tuesday. Read more »

Mislatel franchise in spotlight as Senate wraps up third telco probe

ABS-CBN News
Updated as of Jan 29 12:32 PM

Questions surrounding the franchise of the Chinese-Filipino consortium must be resolved for the public good and a committee report can be drafted as early as next week, said Sen. Grace Poe. Read more »

Senate to check Mislatel compliance when third telco hearing resumes

ABS-CBN News
Posted at Jan 22 08:51 AM

During the hearing on Thursday, the Senate public services committee will check Mislatel's compliance with the 90-day period given by regulators to fulfill requirements, said the panel's chairperson, Sen. Grace Poe. Read more »

Mislatel open to partnerships with Globe Telecom, PLDT Inc

Jessica Fenol, ABS-CBN News
Posted at Jan 09 07:41 PM

Partnerships can be in the form of sharing cell sites and domestic roaming, or the use of a partner's network when its own network is not yet available, he said. Read more »

2018 Yearender: Business - The year of TRAIN and inflation

ABS-CBN News
Updated as of Dec 26 01:41 PM

Here are some of the biggest stories in business in 2018. Read more »

Japan's 4 carriers to shun Chinese 5G tech

Kyodo News
Posted at Dec 11 02:17 PM

Japan's three main mobile phone carriers SoftBank Group, NTT Docomo and KDDI have decided not to use Chinese equipment in their 5G networks due to rising security concerns that spurred the Japanese government to block Huawei Technologies and other Chinese companies from public procurement. Read more »

House body approves Dennis Uy, China Telecom entry in Mislatel

Jacque Manabat, ABS-CBN News
Posted at Dec 11 01:26 PM

The House Committee on Legislative Franchises on Tuesday approved the transfer of controlling interest of Mislatel to Udenna Corp Chelsea Logistics and China Telecom. Read more »

Mislatel must back up 'moon and stars' promise, says Grace Poe

ABS-CBN News
Updated as of Dec 04 10:28 AM

The consortium's Filipino partner, Dennis Uy, should also appear before the Senate committee on public services' next hearing in January, said its chairperson, Sen. Grace Poe. Read more »

Cybersecurity woes hound 3rd telco player Mislatel

ABS-CBN News
Posted at Nov 27 11:11 PM

Senators are raising concerns of possible security breaches given Mislatel consortium's ties with state-run China Telecom. Read more »

Chavit Singson plans to sue Mislatel over third telco row

ABS-CBN News
Updated as of Nov 27 02:45 PM

Former Ilocos Sur Governor Luis "Chavit" Singson on Tuesday said he planned to sue a former associate for breach of contract after it joined a rival consortium that won rights to establish a third telco. Read more »

China-backed Mislatel must prove it's no security risk: officials

ABS-CBN News
Posted at Nov 27 12:51 PM

PLDT, Globe and third telco Mislatel are all required to prove that they are not threats to national security. Read more »

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