3rd telco bid­ding: Only Mis­la­tel qual­i­fies

Sun.Star Pampanga - - NATION! - (MVI/RAG/ Sun­Star Philip­pines)

M

is com­posed of Min­danao Is­lamic Tele­phone Com­pany, Chelsea Lo­gis­tics Hold­ings Cor­po­ra­tion and China Tele­com.

The se­lec­tion doc­u­ments of Sears, which is part of the Tier1 Con­sor­tium, were de­clared in­com­plete at 12:45 p.m. Wed­nes­day.

A rep­re­sen­ta­tive of the con­sor­tium, which also in­cludes the LCS Group of Com­pa­nies led by Ilo­cos busi­ness­man and politi­cian Luis “Chavit” Sing­son, said they will file a mo­tion for re­con­sid­er­a­tion.

Un­der the guide­lines for the se­lec­tion process, a mo­tion for re­con­sid­er­a­tion may be filed within three cal­en­dar days.

Un­der Me­moran­dum Cir­cu­lar 09-09-2018, the par­tic­i­pa­tion se­cu­rity must be ei­ther in cash, a man­ager's check, draft, or an ir­re­vo­ca­ble let­ter of credit is­sued by a uni­ver­sal or com­mer­cial bank in the Philip­pines.

At about 1:20 p.m., the se­lec­tion com­mit­tee also de­clared PT&T dis­qual­i­fied from the process be­cause it lacked the Cer­tifi­cate of Tech­ni­cal Ca­pa­bil­ity.

The PT&T rep­re­sen­ta­tive has sig­ni­fied the com­pany’s in­ten­tion to file a mo­tion for re­con­sid­er­a­tion.

The new ma­jor player is ex­pected to end the duopoly of telecom­mu­ni­ca­tion gi­ants Philip­pine Long Dis­tance Tele­phone Com­pany (PLDT) and Globe Tele­com.

Newspapers in English

Newspapers from Philippines

© PressReader. All rights reserved.