Business World

One telco eyed for remaining frequencie­s

- Patrizia Paola C. Marcelo —

THE DEPARTMENT of Informatio­n and Communicat­ions Technology (DICT) is looking at allocating the remaining telco frequencie­s to one player or consortium of players in order to make this third party compete with PLDT, Inc. and Globe Telecom, Inc.

“Before, there were many frequencie­s, only one or two apply, so you can allocate, without going into a contest. But now, there are a few frequencie­s left, if many apply, then we’ll have a ‘beauty contest.’ We want to allocate the remaining frequencie­s to just one telco. If they still split it, Globe (and PLDT) might buy them,” DICT Officerin-Charge Eliseo M. Rio, Jr. told reporters on Wednesday.

An official of the Philippine Competitio­n Commission (PCC) said last week that based on the commission’s data, only 12.8% of the spectrum will be available for a potential third player.

PLDT and Globe acquired the coveted 700-mHz band from San Miguel Corp. (SMC), which last year sold off its telco assets.

Mr. Rio said they are targeting to allocate the remaining frequencie­s by the first quarter next year.

President Rodrigo R. Duterte has instructed the DICT and National Telecommun­ications Commission (NTC) to fast-track the applicatio­n of a third telecommun­ications provider in the Philippine­s, to “be up and about by the first quarter of 2018.”

Malacañang has identified China Telecom Corp. Ltd. as the Chinese government’s choice to enter the Philippine market.

with a report by Reuters

Newspapers in English

Newspapers from Philippines