Saturday 19 January
Oct 31, 2018 @ 18:17

AMA Telecoms to vie for third telco slot


AMA Telecommunications Corp. has emerged as another potential bidder for the country?s third telco slot, the National Telecommunications Commission announced Wednesday.

The company bought bid documents from the NTC for an opportunity to become the country?s third telco player.

In August 2016, AMA Telecom secured a 25-year franchise to construct, install, establish, operate and maintain telecommunications systems in the Philippines.

This brings to 10 the number of companies vying for the third telco slot.

The others that bought bid documents were Philippine Telegraph and Telephone Corp, Now Telecom of businessman Mel Velarde, Dennis Uy?s Udenna Corp., the joint venture of businessman Chavit Singson?s LSC Group of Companies and TierOne Communications, Norway?s Telenor Group, China Telecom and two unidentified companies.

Submission and opening of bid documents was set on Nov. 7.

Please follow and like us:

Tags: , , , , , , , , , , ,

Related Stories
SM Investment Corp.'s big boss attended the Christmas party hosted by Philippine Ambassador to the
Looks like there's a new addition to the barkada of retail mogul Ben Chan.
Fitch Ratings Inc. expects competition in the Philippine telecommunications industry to further heat up with
Shares in Chelsea Logistics Holdings Corp. of Davao-based businessman Dennis Uy surged in early trading


Trending News

Recommended on sister sites

Copyright © 2019 Bilyonaryo - Latest news on the richest Filipinos and Family Business.