Saturday 23 June 2018
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4 months ago

Telco firm gets franchise extension until 2043

Now Telecom Co. Inc. secured an extension of its congressional franchise to build and operate a telecommunications network until 2043. The company, which is about 19-percent owned by publicly traded Now Corp., is among those vying to become the country s third telco player, which the Duterte administration hopes will soon break the PLDT Inc. and Globe Telecom duopoly. The Department of Information and Communications Technology (DICT) set the tentative bid deadline on May 18. Now Corp. CEO Mel Ve

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