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Gov’t lures 3rd telco player with planned frequency auction

Gov’t lures 3rd telco player with planned frequency auction

The National Telecommunications Commission (NTC) is planning to roll out in early 2017 a landmark auction for its store of valuable 4G and 3G frequencies, saying there is mounting interest from smaller groups to become the country’s third telco player.

NTC Commissioner Gamaliel Cordoba told the Inquirer the auction—the first of its kind in the agency’s history—could count on assistance from the World Bank.

“Early next year, we can put this together,” Cordoba said, adding the final go-signal would come from the Department of Information and Communications Technology.