Closed Streamtech is the philippines' third telco player???

Duterte approves telco franchise of Villar-owned Streamtech

President Rodrigo Duterte has approved the franchise of the Villar-owned Streamtech Systems Technologies Inc. to provide nationwide telecommunications services.

The President signed Republic Act No. 11089 on Oct. 18, 2018, allowing Streamtech “to construct, install, establish, operate and maintain telecommunications systems throughout the Philippines.”

“The franchise shall be in effect for a period of 25 years,” the law said.

The Villar family, known for real estate development, was looking for prospective partners in its bid to be the country’s third telco player.

“The family is looking seriously at getting involved in the telecom side. When I say seriously, it’s possibly a national involvement,” Manuel Paolo Villar, company president of Vista Land & Lifescapes (VLL) said. /atm

Source: Inquirer.net

Feel free to comment guys, VILLARS were the owner of this company.

 

[_Chunchunmaru_]

Akala ko from other country ung new telco, di pala. Wala rin pla, gagaya lang yan sa promos nila smart and globe .

 

[jloyd2018adarna]

Maayos sana service

 

[Maropok]

mas maganda maraming players, meron din telco si chavit... laruan ng stock market ngayon

 

[sunnybear]

Kailangan talaga ng galing sa ibang bansa para may matimyas na kompetensya.

 

[Delta India Charlie Kilo]

Malamang dahil yan sa batas na nagbabawal sa mga banyaga na umunkin nang mga ari-ariyan, kaya cguro si Money Villar dahil mautak ay nag offer na maging proxy CEO/Owner nang 3rd Telco. Baka kasi di nyu pa alam na yung may ari nang PLDT ay isang Indonesian tycoon at my possibility na ma buy out nang singtel ng Globe.

 

[naruto731]

nope. the department of information and communications technology have opened for public bidding the 3rd telecommunications in the country. most of the possible players are all foreign backed, thus, the congress is partially admitting foreign participants to defeat the duopoly here. its possible for at&t and verizon from USA to enter in the Philippines, 1 telco from S. Korea and 2 chinese telecoms one based in hongkong the other from mainland china.

 

[borrise]

Nov. 7 daw mag aanounce ng 3rd telco player. sana mapili ang the best...

 

[wrathborne]

Hopefully kung ano mabid nila sana naman mabilis na un.
Simula na para umasa haha

 

[fabbriche]

Kaya pala sipsip to da max ang mga Villar kay Duterte may pabor na hinihingi at un nga ibinigay na ni Duterte.

 

[RaunchyRoll]

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Nag back out ang Streamtech.. Hmmmm

 

[raven_zoid143]

Wag na lang sanang Pinoy din may ari, siguradong parang smart at globe lang din yan hahah!