THE Philippine Long Distance Telephone Co. (PLDT) has asked the National Telecommunications Commission (NTC) to re-study its decision allowing the takeover by Globe Telecom Inc. of Bayan Telecommunications Inc. (Bayantel) via a debt-to-equity transaction.
“With all due respect, this honorable commission erred in applying the PLDT-Digitel case. Even assuming arguendo [Latin legal term meaning for the sake of argument] that the PLDT-Digitel case is applicable, then this honorable commission should, at the very least, apply the same in toto [Latin for totally or completely] and similarly require Globe to divest of its excess frequencies,” PLDT said in its motion for reconsideration filed with the NTC.
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