NTC urged to recover lost revenues from Globe-Altimax deal
11/03/2011Sen. Antonio Trillanes IV has asked the National Telecommunications Commission (NTC) to look into how it can recover revenues lost by the government as a result of Globe Telecom’s “unauthorized” lease of radio frequencies assigned to Altimax Broadcasting Inc.
“Globe has not been paying Spectrum Users Fees (SUFs) to the NTC for its use of the 30 megahertz assigned to Altimax,” Trillanes said.
“If the NTC finds that this arrangement is indeed in violation of existing laws, then the commission should not only stop the illegal use of these frequencies; it should also try to recover the uncollected fees,” he added.
Trillanes’ comments followed the privilege speech last week of Senate President Pro Tempore Jinggoy Estrada questioning the Altimax-Globe 2009 lease agreement..... MORE
Source: The Daily Tribune
URL: http://www.tribuneonline.org/nation/20111103nat1.html
1 comment
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“Globe has not been paying Spectrum Users Fees (SUFs) to the NTC for its use of the 30 megahertz assigned to Altimax,” Trillanes said.
"“If the NTC finds that this arrangement is indeed in violation of existing laws, then the commission should not only stop the illegal use of these frequencies; it should also try to recover the uncollected fees,” he added."
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