They have to start working on the post-qualification evaluation within 90 days
After they were declared by the Department of Informations and Communications Technologies (DICT) last November 7, the National Telecommunications Commission (NTC) officially declares the Mislatel Consortium as the country’s Third Telco Player.
JUST IN: NTC confirms Mislatel as the New Major Player. | via @wddeguzman pic.twitter.com/D2bi4ae00h
— ABS-CBN News (@ABSCBNNews) November 19, 2018
Consisting of Davao businessman Dennis Uy’s Udenna Corporation and China Telecom, Mislatel promises an 85% nationwide coverage within 5 years and speeds of up to 55Mbps on the second year of operations.
Following the confirmation, Mislatel has 90 days—starting today—to comply with a post-qualification evaluation, which includes a Php 25 billion performance bond for the 1st year, before it receives the frequencies and other items promised to them. Should they fail to submit the necessary requirements or it fails to comply with its service commitments, DICT acting Secretary Eliseo Rio said that they will be disqualified, prompting the agency to start from scratch.
“Although we still have the 90-day review to finish, we can answer all the criticism,” Rio said in an interview with ABS-CBN News. Rio is optimistic that Mislatel will be able to start its operations by Mid-2019.
While PT&T raised its issues on their disqualification, Rio elaborated that PT&T failed to produce a certification of at least 10 years of experience.
