(Eagle News) — President Rodrigo Duterte has signed into law a measure extending the telecommunications franchise of Philippine Communications Satellite Corp. to another 25 years.
PhilComSat’s franchise, which allows it to operate “telecommunications satellite systems, satellite terminal stations, lines, cables or systems, and associated equipment and facilities for international and domestic communications,” was set to expire in June 2019.
PhilComSat is currently owned by the Philippine Overseas Telecommunications Corp.
It offers very small aperture services (VSAT) technology that allows for the transmission and receipt of data via satellite to the government.
The company was first granted a 25-year telecommunications franchise under Republic Act No. 5514 in 1966.
