The NTC, working in tandem with the Government Procurement Policy Board (GPPB), will set criteria that will be used in selecting an independent auditor that will help determine if PLDT’s asking price for CURE/Red Mobile and its third generation (3G) frequency is aboveboard. PLDT is also looking for its own auditor to join the party [...]
The NTC declared that the floor price for the 3G frequency of Connectivity Unlimited Resources Enterprises (CURE) will be P1.6B which is around P500M less than PLDT’s asking price. But this is not final of course – not by a long shot. The NTC along with PLDT has agreed to consult a third party auditor [...]
Troll: The gal. Someone somewhere thinks that money makes the world go round – well ok – it does to a degree – but still – a telcos greed when it comes to frequency can be a very scary thing, especially if it’s not moderated. PLDT is offering a whopping P5B to buy back the [...]
The NTC will release this week the final Terms of Reference (TOR) that will be used for the bidding of the 3G wireless frequency license of Smart’s defunct subsidiary, Connectivity Unlimited Resource Enterprises (Cure), aka Red Mobile. Note that PLDT has already defined a Cost-Recovery Fee (CRF) of P2.12B for the frequency which potential bidders [...]
BayanTel has formally expressed its intention to NOT participate in the NTC biding of PLDT’s CURE frequency, opting to maximize its current spectrum and use the sites of Globe for its needs instead. Aniceto Franco III, BayanTel VP: “BayanTel has no plan to bid for the 10Mhz, 3G spectrum because we still have many frequencies [...]
The NTC is almost done drafting the Terms of Reference (TOR) for the auction of 3G frequencies of Connectivity Unlimited Resource Enterprises Inc. (Cure), AKA Red Mobile. Troll: Let’s get a move on NTC! The sooner the 10-megahertz (MHz) of frequency spectrum is awarded, the sooner the public will benefit from them! Carlo Jose Martinez, [...]
The NTC has started auditing the financials of Connectivity Unlimited Resource, Enterprise, Inc. (CURE, aka Red Mobile) in preparation for its auction which the regulator has optimistically pegged to take place in the next three months. Troll: Yup, here’s the army boot bet again – the Troll is willing to wager that the auction deadline [...]
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