Globe Telecom, the Philippines’ second-largest mobile operator, will bid for the 3G spectrum recently surrendered by its main competitor PLDT.
Yesterday (Monday, 30 July 2012), PLDT finally handed back the 3G licence held by CURE, one of its…
Globe Telecom, the Philippines’ second-largest mobile operator, will bid for the 3G spectrum recently surrendered by its main competitor PLDT.
Yesterday (Monday, 30 July 2012), PLDT finally handed back the 3G licence held by CURE, one of its subsidiaries, to the country’s telecoms regulator. The spectrum will be auctioned within the next six months.
Returning 10MHz of spectrum in the 2100MHz band to the National Telecommunications Commission was part of the remedies package PLDT accepted in return for the takeover of Digicel, a local carrier, last year.
In a statement, Froilan Castelo, Globe’s head of corporate and legal services, said: “We’ve been vocal about our interest to bid for CURE’s 3G spectrum as part of our drive to provide our subscribers with a better network, especially with the growth of smartphones and the explosion of mobile data use.”
Local conglomerate San Miguel, which has been expanding its footprint in the telecoms industry over the last past few months, has also expressed its interest in the spectrum.
