China Telecom backed joint venture Mislatel Corporation has been cleared to secure a congressional franchise to become the Philippines' third mobile player.
Mislatel, the joint venture established with businesses owned by Philippines tycoon Dennis Uy, has received congressional approval to acquire the franchise owned by Mindanao Islamic Telephone Co, the Philippine Daily Inquirer reported.
The National Telecommunications Commission will now make preparations to issue a certificate of public convenience and necessity and an allocation of spectrum for the operator. The allocation is...
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