Final rules governing the selection of a new major telco player have been issued, with a challenger to the PLDT-Globe duopoly set to be named by December.

A memorandum circular (MC) approved on Thursday and released on Friday requires prospective players to have a minimum paid-in capital of P10 billion, at least 10 years of experience in delivering telecommunications services on a nationwide scale, no relationship to the dominant telcos and no outstanding liabilities with regulators.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details