Magbi-bidding uli? Dennis Uy-Mislatel could lose provisional 3rd telco status over illegal deal
The selection for the third telecommunications player in the country may have to start from scratch all over again if the National Telecommunications Commission (NTC) cracks the whip on Davaoe?o businessman Dennis Uy for illegally partnering with a telco for the bidding.
Uy’s Mislatel Consortium, which is composed of Mindanao Islamic Telephone Company Inc. (Mislatel), China Telecommunications Corporation, and the businessman’s Udenna Corporation and Chelsea Logistics Holdings Corporation, was named the provisional third telco player on Wednesday after two other contenders were disqualified by the selection committee.
However, documents obtained by Bilyonaryo shows Mislatel has an exclusive agreement with DigiPhil, a subsidiary of TierOne Communications International Inc.
TierOne partnered with business group of former Ilocos Norte governor Luis “Chavit” Singson to form Sear Telecom for the bidding of the third telco rights. However, the consortium was disqualified at the last minute due to its failure to pay a P700-million participation security, which was a requirement for the bidding.
Uy and Mislatel violated the agreement the company signed with Digiphil on May 30, 2018. The deal specifically states that Mislatel “warrants and represents that Digiphil and/or Digiphil’s nominated partner/s or business associate/s will be Mislatel’s sole and exclusive partner in the utilization of such frequency/ies, permits, licenses or authorizations that may be approved through the application/s or petition/s mentioned herein…”
The telco also granted Digiphil the right of first refusal in case another party is interested to purchase its equity stakes.
Under the terms of reference issued by the NTC, the participation security will be forfeited in favor of the commission in case a participant in the bidding submits documents which were either falsified or containing false information.
Should Mislatel Consortium’s participation security be forfeited, it will be disqualified from bidding just like Sear Telecom.
The question is: Can NTC go after Uy, a crony and campaign donor of President Rodrigo Duterte?