List of 10 Telco Firms to Bid for 3rd Telco Franchise in the Philippines

The Philippines welcome the list of 10 telephone firms to bid for the highly anticipated third telco franchise in the country to compete against the duopoly of Smart and Globe.



According to the National Telecommunications Commission (NTC) a total of 10 firms have bought selection documents from the NTC. The ten companies are seen to bid for the right to offer telecom services in the Philippines.



Here's the List of the Ten Telecom Companies Bidding for 3rd Telco Franchise:

1. China Telecommunications Corporation
2. PT&T
3. NOW Telecom, Inc.
4. Telenor ASA Group,
5. Udenna Corporation
6. LCS Group of Companies & Tier 1
7. Mobiltel Holding GmbH
8. Converge ICT
9. AMA Telecommunications Corp.
10. an undisclosed bidder

The bidding has been set for Monday, November 5 until the 10 a.m. Wednesday, November 7, deadline set by Pres. Rody Duterte.



As ordered by Pres. Duterte the NTC said it will receive bids from 8 a.m. to 5 p.m. on Monday and Tuesday as well as from 8 a.m. to 10 a.m. on Wednesday. The bids will be opened immediately after the 10 a.m. November 7 deadline.

The commission said three observers will witness the opening of bids: Commission of Audit, the Foundation for Media Alternatives, and the Philippine Technological Council.

The opening of bids will be streamed live via the Facebook page of the Department of Information and Communications Technology (DICT).

Pres. Duterte also warned earlier that he would take over the selection process for the third telecommunications player in the country if no company is selected by early November.

Source: SunStar Philippines

List of 10 Telco Firms to Bid for 3rd Telco Franchise in the Philippines List of 10 Telco Firms to Bid for 3rd Telco Franchise in the Philippines Reviewed by Phil Newsome on November 05, 2018 Rating: 5
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