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Texters Losing P200M Daily? By CHITO A. CHAVEZ and BEN R. ROSARIO

Friday, May 18, 2012

Texters Losing P200M Daily?

By CHITO A. CHAVEZ and BEN R. ROSARIO

MANILA, Philippines — A petition for mandamus and injunction compelling the National Telecommunications Commission (NTC) to implement its memorandum ordering the country’s major telecommunication companies to lower their interconnection fees for short messaging system (SMS or Text) by 20 centavos has been filed before a Quezon City court.

Businessman Jose “Joey’’ de Venecia III filed the petition after noting that the NTC failed to enforce Memorandum Order 02-10-2011 it issued on October 24, 2011, directing Smart Communications and Globe Telecom to reduce their interconnection rates from P0.35 to P0.15.

After filing the petition, De Venecia told reporters that the public is losing P200 million daily in SMS expenses caused by NTC’s inability to enforce its own order. He did not explain how he came up with the P200 million figure..... MORE

SourceMB.com

URL: http://www.mb.com.ph/articles/359827/texters-losing-p200m-daily

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