Congress Approves Entry of Five More Companies in Telco Industry

Congress has approved the franchise of five new telco players, namely Avocado Broadband Telecoms, Ama Telecommunications, Infinivan, Metro Connections and Telecom, and Megamanila Telecom Corporation. There are doubts, however, if any other company can compete with industry giants PLDT and Globe, given that the duopoly own 80% of the available spectrum. The franchises of four others, Byers Communications, Corona…

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