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3rd telco Mislatel gets permit to operate

3rd telco Mislatel gets permit to operate

MANILA, Philippines — President Rodrigo Duterte awarded on Monday the license to operate  to Mislatel consortium, the third major telecommunications player in the Philippines.

Duterte gave Mislatel the Certificate of Public Convenience and Necessity (CPCN) in a ceremony in Malacañang.

Mislatel consortium, headed by Davao businessman Dennis Uy, is composed of Mindanao Islamic Telephone Co. (Mislatel), Udenna Corp., Chelsea Logistics and Infrastructure Holdings Corp., and China Telecom Corp. Ltd.

Mislatel is seen to break the PLDT Inc. and Globe Telecom duopoly and improve the quality of telco services in the country. (Editor: Julie Espinosa)