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Tag: Mislatel

  • Mislatel cleared to receive congressional franchise

    Mislatel cleared to receive congressional franchise

    China Telecom backed joint venture Mislatel Corporation has been cleared to secure a congressional franchise to become the Philippines’ third mobile player.

    Mislatel, the joint venture established with businesses owned by Philippines tycoon Dennis Uy, has received congressional approval to acquire the franchise owned by Mindanao Islamic Telephone Co.

    The National Telecommunications Commission will now make preparations to issue a certificate of public convenience and necessity and an allocation of spectrum for the operator. The allocation is expected to be complete by mid-June.

    But Mislatel will first be required to pay a 25.7 billion peso bond, which it will need to forfeit if it does not meet its rollout and other commitments to the government.

    These commitments include achieving 84% population coverage within five years, and reaching a minimum average internet speed of 27Mbps within the first year of operations, increasing to 55Mbps after this time.

    Mislatel won the selection process to become the market’s third major player in November last year. But the company was recently forced to postpone its planned launch date in early 2021 due to delays receiving the congressional franchise.

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  • Mislatel postpones launch date to early 2021

    Mislatel postpones launch date to early 2021

    The Philippines’ Mislatel has postponed the expected start date of its commercial operations to early 2021 as a result of delays receiving a key certificate that will allow it to operate.

    Mislatel, the joint venture established and selected to become the Philippines’ third operator, has moved the start date from its initial target of late 2020.

    Mislatel is jointly owned by China Telecom and local businesses owned by tycoon Dennis Uy.

    The company is still waiting on the issuance of a certificate of public convenience, but the Department of ICT is still waiting on a ratified Congressional resolution on the validity of Mislatel’s operating franchise before this certificate can be issued.

    If the certificate is still not issued this month as anticipated, the commencement date could potentially be delayed further.

    Last month the Senate approved a change in ownership of the franchise Mislatel intends to operate under to the consortium, in order to circumvent issues surrounding the validity of the franchise as a result of former non-compliance with its terms.

    The franchise, which had been held by a company owned by Uy that was also known as Mislatel, had required the commencement of operators within a year of its issuance. This requirement had not been fulfilled, leading to concerns that the franchise was null and void. The Mislatel consortium had also failed to notify the government about a change in ownership of the franchise.

    But the Senate overwhelmingly voted for a resolution to approve the change of ownership to maintain the validity of the franchise.