The anti-trust watchdog said the non-compliance of both companies has prejudiced its review process and impeded their ability to impose remedies for the benefit of the riding public.
However, collection from online gambling operations slowed down compared last year and could be attributed to CEZA's new thrust to limit online gambling operations inside the zone.
Now Corp. said it is planning to file charges against Department of Information and Communication and Technology (DICT) acting secretary Eliseo Rio Jr. for his alleged ?reckless? statement that caused the free fall of the company?s shares.
The attacker was able to illegally obtain in real-time, the personal data of affected customers, including their name, credit card number, its expiration date, as well as the card verification number.
PT&T president and CEO James Velasquez said they have bought the bid documents from the NTC and is confident of their chances of being selected as the country's third major telco.
DICT acting secretary Eliseo M. Rio Jr. said the participation fee of P1 million paid by Now Telecom might have cost a significant impact on its mother company, Now Corporation, whose operating income only stood at P6.3 million in 2017.
But on the day it bought bid documents, Now Corporation filed a case against the NTC to question ?the P700-million participation security, multi-billion peso performance security, and P10-million non-refundable appeal fee,? according to a tweet by Philippine Daily Inquirer?s Miguel Camus.
The Computer Professionals' Union (CPU) called for both the government and the public ?to be more critical and discerning of a policy, which centralizes and makes a tempting target of massive amounts of personal information.?
The pilot project implementation is scheduled on November-December 2018 to light up portions of the 6,154-kilometer dark fiber network of National Grid Corporation of the Philippines (NGCP) and showcase high-speed internet to Government Network (GovNet) and Pipol Konek Free Wi-Fi in Public Places beneficiaries.
Instead of relinquishing its ownership as reported in the news a few weeks ago, local tech titan PLDT announced on Thursday, October 4, that it has finalized its investment agreement with global investment firm KKR and Chinese tech company Tencent.
