Connect with us

Headline

PRRD hands Mislatel Consortium permit to operate as 3rd telco

Published

on

President Rodrigo Roa Duterte issues the Certificate of Public Convenience and Necessity (CPCN) to the Mindanao Islamic Telephone Company Inc. (Mislatel) through its Chairman Dennis Uy during a ceremony at the Malacañan Palace on July 8, 2019. Also in the photo are National Telecommunications Commission (NTC) Commissioner Gamaliel Cordoba and Information and Communications Technology Secretary Gregorio Honasan II. ALFRED FRIAS/PRESIDENTIAL PHOTO

MANILA — Filipinos will soon experience improved Internet services after President Rodrigo Duterte on Monday formally awarded Mislatel Consortium, the country’s third mobile player, its permit to operate.

Mislatel Consortium–a group led by Davao-based businessman Dennis Uy, is composed of Udenna Corporation, Chelsea Logistics, Infrastructure Holdings Corporation, and China Telecommunications Corporation.

Udenna and Chelsea would control 60 percent of the venture while China Telecommunications will have the remaining 40 percent.

In a ceremony at Malacañan Palace, Duterte handed the permit to operate or certificate of public convenience and necessity (CPCN) to Uy.

Information and Communications Technology Secretary Gringo Honasan witnessed the handover of the permit to operate.

Duterte, in his speech, described the entry of Mislatel Consortium as a “milestone” in government efforts to provide fast, reliable, secure, and more affordable telecommunication services to the public.

online pharmacy purchase tamiflu without prescription with best prices today in the USA

He urged Mislatel Consortium to “break the prevailing duopoly in the telecommunications industry” and fulfill their commitment to provide better telco services to Filipinos.

The President also encouraged Filipinos to take advantage of the opportunities that will arise from a better telecommunications industry.

“Expand your businesses, engage in online jobs, avail of online learning and training opportunities, and participate in productive public discussions,” Duterte said.

“Now that we are moving forward to a greater capacity in information and communications technology, we will have a better opportunity to improve our personal, social, political and economic aspirations,” he added.

The awarding of Mislatel Consortium’s permit to operate comes after it complied with the requirement of PHP10 billion in additional paid-in capital and the submission of a performance bond.

online pharmacy purchase clomid without prescription with best prices today in the USA

According to a release from Mislatel Consortium, it will first conduct a pilot user program late this year to test the network.

Mislatel Consortium will launch only 4G services and will no longer offer legacy 2G and 3G systems.

Earlier, Mislatel Consortium vowed to offer 55 Mbps of Internet speed that covers 84.01 percent of the population in five years and 27 Mbps in the first year alone.

It intends to spend PHP257 billion in infrastructure and service rollout during the same period and provide 30 percent coverage in the first year alone.

The release also bared that Mislatel Consortium was renamed as Dito Telecommunity Corporation.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Maria in Vancouver

Lifestyle10 hours ago

The Painful Reality of Losing Someone

Recently, I experienced the painful reality of losing someone through others. One friend lost her fiancé to death, while another...

Headline1 week ago

The Sobering Reality of Growing Old

Growing old brings a sobering reality: time is finite.  You watch your body slow down, see your parents age, and...

Lifestyle4 weeks ago

Dr. David Suzuki’s Legacy: A Celebration at 90

Celebrating Dr. David Suzuki’s 90th birthday on Friday, May 22  was a true privilege and a great pleasure! My husband,...

Lifestyle1 month ago

What I Know Now About Motherhood

Did you know that a mother’s cells can live in her child’s body for their entire lives? This fascinating phenomenon...

Headline2 months ago

Age with Audacity

At 25, I imagined life at 50 would mean I’d be past my prime and grumpy.  Little did I know,...

Lifestyle2 months ago

Spring Clean Your Body, Mind and Home

Spring has sprung! This season is perfect for spring cleaning, but why stop at our homes?  We can also rejuvenate...

Lifestyle3 months ago

Hear Us Roar

There is absolutely nothing wrong with a woman who wants her happily ever after. I certainly did. After 21 years...

Lifestyle4 months ago

The Real Rich

Margaret Atwood aptly captured this dynamic with the phrase, “Old money whispers, new money shouts.”  Let me elaborate on this...

Headline4 months ago

Love in the Afternoon of Life

Love in later life—the 50s, 60s, 70s, and beyond—is a thriving, fulfilling reality. It offers companionship, improved well-being, and joy,...

Headline4 months ago

Your Most Important Relationship is With Yourself

Valentine’s Day shouldn’t be celebrated only for one day. Love should be celebrated everyday. Valentine’s Day, when expanded beyond romance,...