Trolling PLDT, Globe, Smart and Sun!
PLDT bought Digitel/Sun, and in exchange, surrendered the 3G licenses belonging to Red Mobile/Connectivity Unlimited Resources Enterprise (CURE) back to the NTC; the NTC on the other hand, intends to sell these assets in an auction, with Globe and San Miguel waiting in the wind. The PLDT conquest of Sun happened more than a year [...]
Troll: Looks like our dear regulator is trying to walk cautiously on eggshell landmines, praying that it doesn’t fuck up the 3G auction and accidentally raise the ire of PLDT and the hungry bidders. … The NTC has sought the help of the Government Procurement Policy Board (GPPB), specifically on how to proceed with the [...]
Multi-Media Telephony Incorporated (MTI) just lost the opportunity to bid-fight versus the big players. The Court of Appeals has denied MTI’s motion for reconsideration on a decision that junks its petition to void the NTC’s bidding activity for 3G frequency, or more specifically, to nullify the NTC’s “20 Point” threshold in determining qualified parties who [...]
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 [...]
Seems like our Commission on Audit (COA) is not up for the challenge of helping the NTC determine the true value of CURE/Red Mobile, and so our dear regulator is looking to engage the services of a private auditing firm to see if PLDT’s declared Cost-Recovery Amount (CRA) is aboveboard or bullshit. Dennis Babaran, NTC [...]
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 [...]
Sharing is good for everyone, more so if it allows the number two Telco of the land to better fight the monolithic monopoly that is PLDT! Kudos to the NTC! The NTC has again given Bayan Telecommunications more time to secure approval from the courts for its frequency sharing agreement with Globe. Gamaliel A. Cordoba, [...]