(Eagle News) — A telecommunications consortium of Chinese state-owned China Telecommunications Corporation and of Udenna Corporation owned by a Davao-based businessman becomes the “provisional” third major player in the country’s telecommunications industry.
This was according to a selection panel of the National Telecommunications Commission that screened bidders aspiring to become the third major telecommunications player in the country that would ultimately break the current duopoly in the industry.
Mislatel Consortium involving businessman Dennis Uy and China Telecommunications Corp. proceeded to the selection phase after two other bidders were disqualified for not completing the requirements for the process.
The NTC selection panel said the Mislatel was “qualified” to become the country’s third major telecommunications player after submitting complete requirements during the bidding process.
Uy also serves as the president, CEO and director of Phoenix Petroleum Corp.
“The first submission package of Udenna Corp. is qualified to proceed with the selection process, said National Telecommunications Commission Selection Committee Chair Ella Lopez said earlier Wednesday.
She said that Mislatel Consortium — a joint venture of Uy’s Udenna Corp., its subsidiary Chelsea Logistics Holdings Corp., and China Telecommunications Corp.– was subjected to detailed evaluation.
The two other groups which submitted bids to become the third telco in the country, but were disqualified, were Philippine Telegraph and Telephone Corp. (PT&T), and TierOne and the Chavit Singson-led LCS Group of Companies.
PT&T was disqualified reportedly because it was not able to submit a Certificate of Technical Capability.
“Since participant PT&T has failed the preliminary evaluation on absence of Certification of Technical Capability, the Selection Committee has decided as ruled… PT&T is disqualified to move to the next phase of process,” NTC Selection Committee Chair Ella Lopez said during the opening of bid submissions.
A PT&T representative earlier manifested that they will be filing a motion for reconsideration within three days.
On the other hand, the consortium of TierOne Communications International Inc. and LCS (Luis Chavit Singson) Inc., was also disqualified for not being able to submit the “participation security” of P700 million.
They will also file a motion for reconsideration on their disqualification.
(Eagle News Service)
