“Mislatel” chosen as third Philippine telecom operator

“Mislatel” chosen as third Philippine telecom operatorA consortium led by Davao-based businessman Dennis Uy in partnership with China Telecom has been declared the country’s third major player, which is expected to challenge the duopoly of PLDT and Globe Telecom.

The National Telecommunications Commission announced on November 7 that Mislatel Consortium, a joint venture of Dennis Uy’s Udenna Corporation, its subsidiary Chelsea Logistics Holdings, Chinese state-owned China Telecom and Mindanao Islamic Telephone Company as the provisional new telecommunications provider.

Uy is also president, CEO and director of oil-trading firm Phoenix Petroleum and one of President Rodrigo Duterte’s biggest campaign contributors in the 2016 presidential election.

Mislatel was declared sole bidder after two other bidders, Philippine Telegraph and Telephone Corporation (PT&T) and the consortium of businessman and former Ilocos Sur governor Chavit Singson’s LCS Group and TierOne Communication, Sear Telecom, were disqualified because of incomplete documents.

PT&T president James Velasquez complained and alleged the bidding process was unfair and flawed.

“That is why we ask assistance from the court,” he said.

However, the telecom commission insisted that the bidding process was transparent and Mislatel was selected because of its highest committed level of service based on the criteria of national coverage, Internet speed and capital expenditures.

Meanwhile, Globe Telecom said it welcomes the entry of a new player in the telco industry as this will promote a healthy competitive environment for the benefit of consumers. PLDT did not comment.



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A consortium led by Davao-based businessman Dennis Uy in partnership with China Telecom has been declared the country’s third major player, which is expected to challenge the duopoly of PLDT and Globe Telecom. The National Telecommunications Commission announced on November 7 that Mislatel Consortium, a joint venture of Dennis Uy’s Udenna Corporation, its subsidiary Chelsea Logistics Holdings, Chinese state-owned China Telecom and Mindanao Islamic Telephone Company as the provisional new telecommunications provider. Uy is also president, CEO and director of oil-trading firm Phoenix Petroleum and one of President Rodrigo Duterte’s biggest campaign contributors in the 2016 presidential election. Mislatel was...

“Mislatel” chosen as third Philippine telecom operatorA consortium led by Davao-based businessman Dennis Uy in partnership with China Telecom has been declared the country’s third major player, which is expected to challenge the duopoly of PLDT and Globe Telecom.

The National Telecommunications Commission announced on November 7 that Mislatel Consortium, a joint venture of Dennis Uy’s Udenna Corporation, its subsidiary Chelsea Logistics Holdings, Chinese state-owned China Telecom and Mindanao Islamic Telephone Company as the provisional new telecommunications provider.

Uy is also president, CEO and director of oil-trading firm Phoenix Petroleum and one of President Rodrigo Duterte’s biggest campaign contributors in the 2016 presidential election.

Mislatel was declared sole bidder after two other bidders, Philippine Telegraph and Telephone Corporation (PT&T) and the consortium of businessman and former Ilocos Sur governor Chavit Singson’s LCS Group and TierOne Communication, Sear Telecom, were disqualified because of incomplete documents.

PT&T president James Velasquez complained and alleged the bidding process was unfair and flawed.

“That is why we ask assistance from the court,” he said.

However, the telecom commission insisted that the bidding process was transparent and Mislatel was selected because of its highest committed level of service based on the criteria of national coverage, Internet speed and capital expenditures.

Meanwhile, Globe Telecom said it welcomes the entry of a new player in the telco industry as this will promote a healthy competitive environment for the benefit of consumers. PLDT did not comment.



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

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Personal Info

Donation Total: $10.00

 

 

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