MANILA (MDN National News, July 9) - Good news to all mobile and internet subscribers in the country. Another telco player is finally here to openly compete with the existing Smart and Globe telecom giants.
On Monday, President Rodrigo Duterte welcomed the entry of Mindanao Islamic Telephone Co, (Mislatel) to compete and break the exisiting telecom players like Globe and Smart.
Duterte also challenged the new telco to move forward as he granted them a Certificate of Public Convenience and Necessity (CPN) that will signal the final start of their company as the country's new and third major telecom player in the country.
Pres Duterte said during a formal signing ceremony "Let me take this opportunity to pose this challenge to Mislatel [Consortium]: Break the prevailing duopoly in the telecommunications industry and fulfill your commitment to provide better telco services to our people."
In a report, Mislatel will change its name from Mislatel as DITO Telecommunity Corporation. This company is a consortium of Chelsea Logistics Company, Inc., Danny Uy's Udenna Corporation and Chinese state-owned China Telecommunications Corporation.
The president said if this new player will prove its worth as a big company, then this would signal the start of a more secure, reliable and affordable telco services the country's citizens will be soon patronizing.
The CPN, aside from its legislative franchise they get from Congress, granted the company license to operate as a new telecoms service provider.
Based on reliable reports, Dito Telecommunity posted a total of P25.7 billion performance bond as part of their commitment under their new status. With this CPN already approved by Pres Duterte, the company is expected to challenge the older telecom players in head-to-head with both Globe and Smart companies.
Eliseo Rio, Undersecretary of DICT told the media that Mislatel will start the ball rolling to widen its services after they get the CPN license.
As this developed, Mislatel is also planning now to start getting subscribers in densely populated areas including Metro Manila, Cebu and Davao starting November, this year.
Rio said "Siyempre maguumpisa 'yan na pilot-pilot [testing] muna 'yan. Then they readjust kung may problema pa ang network nila. They will only go to a commercial operation pag wala nang problem sa network nila. Sa timeline nila that is 2020."
"If they could not accomplish it in the first year, they are given a six-month grace period to accomplish whatever deficiencies they have. If after six months wala pa rin [there is still no development], that’s the time we confiscate the performance bond. Not only that, they will lose their CPCN, their license, and frequencies," Rio concluded.###
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