Globe: PLDT should stop misleading the public and focus instead on their regulatory problems

04 Aug

Globe Telecom, in reaction to PLDT’s press statement asking the NTC to recall its radio frequencies, said that its transaction with Altimax Broadcasting was above board. “This transaction done in 2009 was fully disclosed with the National Telecommunications Commission and clearly above board. This is old news that PLDT simply wants to resurrect in view of their existing issues with their merger with Digitel,” said Atty. Froilan M. Castelo, head of corporate and legal services group of Globe Telecom.

Castelo added that, “PLDT should not shift focus on the current issues in relation to the deal. These issues like delayed interconnection, non-compliance with IP peering standards, and virtual monopoly of frequency spectrum should be addressed immediately because of their direct impact to consumers. PLDT should stop misleading the public with spurious attacks and focus on their regulatory and legal battles, foremost of which is that they are a non-Filipino corporation operating as a public utility and entering into a multi-billion transaction vested with public interest.

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Posted by on August 4, 2011 in Globe Telecom


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