NTC urged to strictly monitor PLDT-Digitel transactions
10/29/2011Government regulator National Telecommunications Commission (NTC) should ensure that PLDT and Digitel comply with the terms of their franchises and existing laws on fair competition after approving the merger of the two companies, a Senate panel yesterday said.
According to the Senate committee on public services, the NTC should strictly monitor the transaction and see to it that consumer interest is protected.
“The NTC must make sure that the prerequisites it had set regarding the share-swap deal will be fully complied by both companies,” it added.
In March, PLDT announced its plan to acquire a majority stake in Digital Telecom-munications Philippines (Digitel), which owns the Sun Cellular brand, in a deal amounting to P74.1 billion..... MORE
Source: The Daily Tribune
URL: http://www.tribuneonline.org/headlines/20111029hed4.html
1 comment
Kapal nila.
Kapal ng pitaka nila.
Tiba-tiba sila.
Sa pera mo.
Payag Ka? Sige... wadtu.. reklamo ng reklamo puro ingay lang pala. Walang mapaparusahan dyan kung meron eh sampong pisong multa.
Goodluck sa inyo.
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