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Duterte inviting India to be PH’s 3rd telco provider

President Rodrigo Duterte said he is also inviting India to be the third wireless carrier in the Philippines.

Edison Tongol

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Deuterte invites India for third telco player in Philippines FEB212018

Metro Manila, Philippines — President Rodrigo Roa Duterte stated that he is also welcoming India to be the country’ third telecommunications player and Internet Service Provider (ISP).

“India is also interested to enter into the telecom industry and we are considering,” President Duterte said on Tuesday evening, February 20, during an occasion of the Federation of Indian Chambers of Commerce Inc. (FICCI) in Malacañang Palace.

The entrant of a third major telco is one of the top priorities of Duterte’s administration for the first quarter of 2018.

“I invited them during my talks with the businessmen of India during my official visit,” Mr. Duterte included, relating to his January 2018 out of the country to New Delhi for the Association of Southeast Asian Nations-India Commemorative Summit.

President Duterte is pushing for the entrant of a third telco company in the Philippines by March 2018 to break the telecommunications duopoly between PLDT Inc. (Smart Communications) and Globe Telecom Inc.

In 2017, President Duterte had also offered China a an opportunity to enter the wireless telecommunication industry as a third competitor.

The Department of Information and Communications Technology (DICT) has already released the draft benchmark for the selection of the third wireless carrier, and it is slated to be presented to the stakeholders in a consultation on February 27th.

Should it pushes through, state-owned telecommunications firm, China Telecom, will own 40 percent of the third company, while a consortium of Filipino corporations will share in the 60 percent remainder.

However, Trade Secretary Ramon Lopez in November 2017 claimed that it could take up to 12- months before the Philippines can expect another telecommunications supplier. — CentrioNews.com

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