Government’s Aim of Third Telco Player Faces Difficulty as $10-Billion Investment Needed

The Department of Information and Communications Technology (DICT) wants to lure a third firm into the market. It cancelled plans to auction off unused frequencies and instead said that these would be made available to any company with intent of becoming a serious player. An official of Ericsson Philippines estimates that entering the telco market requires $10 billion to roll out a competitive network, underlying the difficulty of…

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