NTC declares Udenna-China Tel group as provisional third telco

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NTC declares Udenna-China Tel group as provisional third telco

Post by EvilClown » Wed Nov 07, 2018 11:45 am

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The National Telecommunications Commission (NTC) on Wednesday declared Mislatel Consortium as the country’s “provisional” third telco.

Mislatel’s bid documents were cited as “qualified” and “complete.”

The consortium is made up of Dennis Uy’s Udenna Corp., its subsidiary Chealsea Logistics Holdings Corp., and state-owned China Telecommunications Corp.

During the selection process in Quezon City, the NTC said the first package submitted by Mislatel was complete, and the commission will no longer proceed with the detailed evaluation of the second package.

NTC Selection Committee Chair Ella Lopez said the consortium scored 456.80 points out of 500 on its level of commitment as the third major players in the telecom industry.

“For having the highest committed level of service today, with the final rate of 456.80 points, the Selection Committee hereby declares participant Mindanao Islamic Telephone Company Inc. with Udenna Corp., Chelsea Logistics Holdings Corp., and China Telecommunications Corp. as the provisional New Major Player, subject to verification phase,” Lopez noted.

The bidding system approved by the government takes into consideration the highest committed level of service (HCLOS) of each third telco aspirant.

Mislatel gained the following scores: 172 points for coverage, 111 points for speed, 175 points for capital expenditure and operations expenditures.

Commitments

The NTC will now scrutinize the consortium’s commitment with regards to internet coverage and speed once its status is officially confirmed as the new major player in the telecom industry.

In its first year of operations, the consortium vowed to achieve a nationwide coverage of 37.03 percent, minimum speed of 27 megabits per second (Mbps), and capex/opex of P150 billion.

In its second year of operations, it made a commitment to a nationwide coverage of 51.01 percent, minimum speed of 55 Mbps, and capex/opex of P27 billion.

Source: http://www.gmanetwork.com/news/money/co ... aign=money