During the plenary deliberations of the proposed 2020 DICT budget, Sen. Panfilo Lacson, the agency budget sponsor, told Sen. Grace Poe that not one cell site has been completed by D
Tag: Mislatel. 3rd major telco
Pres. Rodrigo Duterte will personally hand over on Monday, July 8, the Certificate of Public Convenience and Necessity (CPCN) to new major player Mislatel consortium.
The recently held MOU signing signified Udenna’s intention to conduct joint studies to determine the feasibility of the consortium’s use of NGCP’s fiber optic facilities.
The DICT said it expects the Mislatel consortium to commence operations after the midterm elections, as both the House of Representatives and Senate still need to reconcile provisions of their respective versions of the resolution approving its franchise.
Three senators — Franklin Drilon, Panfilo Lacson, and Risa Hontiveros — voted against the resolution.
Sen. Grace Poe said the Senate will vote on Wednesday, February 6, on a measure seeking the transfer of ownership of Mislatel to a consortium recently named by the DICT and NTC as the third telco.
The Mislatel consortium, comprised of Udenna Corporation, Chelsea Holdings, and China Telecom, is officially the country?s new player in the telecommunications market after the National Telecommunications Commission (NTC) issued its ?Confirmation Order? on Monday, November 19.
The Mislatel consortium has committed to invest up to P257 billion over the next five years, and to deliver a minimum average broadband speed of 27 Megabits per second in its first year of operation and 55 Mbps by the fifth year.