Duterte govt requires 3rd telco to outperform Globe and Smart, or lose P26B bond

THAT statement isn’t mine nor from anonymous sources. It’s straight from the horse’s mouth, so to speak, from former Information and Communications acting secretary Eliseo Rio Jr. (a retired general), who shepherded the entry into the telecoms monopoly of a third telecommunications company.

Rio posted on his Facebook page the narrative below, which I found very informative in assessing the chances of a third telco breaking the virtual two-firm monopoly of the telecom industry.