Mislatel Official Announced as Third Telco Player
Last Monday, the National Telecommunications Commission (NTC) officially announced Mislatel Consortium as the new major player (NMP) in the country’s telecom industry
The consortium, composed of Mindanao Islamatic Telephone Company Inc. with Udenna Corporation, Chelsea Logistics Holdings Corp., and China Telecommunications Corp.
It was reported that Mislatel was the only qualified bidder that was able to submit complete all the requirements. Chavit Singson’s Sear Telecom was disqualified for not having the P700-million Participation Security while Philippine Telegraph & Telephone Corp. (PT&T) was not able to submit a Certificate of Technical Capability.
Source: GMA News