Tag: Mislatel. 3rd major telco
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.