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3 bills granting, extending franchise of telcos signed into law

President Rodrigo Duterte MANILA - President Rodrigo Duterte has signed three laws granting and renewing the franchise of telecommunication companies. Duterte signed Republic Act 11757 and RA 11758 renewing for another 25 years the franchise granted to Binan-based Independent Telephone Company, Inc. and Sultan Kudarat Telephone System Inc., respectively. He also approved RA 11759 granting Derecho Telecommunications, Inc. a franchise to construct, install, establish, operate, and maintain telecommunications systems throughout the Philippines. All laws require the grantees to secure from the National Telecommunications Commission (NTC) a certificate of public convenience and necessity or the appropriate permits and licenses for the construction, installation, and operation of its telecommunications systems or facilities. "In issuing the certificate, the NTC shall have the power to regulate and impose such conditions relative to the construction, operation, maintenance, or service le ....

The Philippines , Rodrigo Duterte , Exchange Commission , Derecho Telecommunications Inc , National Telecommunications Commission , Telephone Company Inc , Sultan Kudarat Telephone System Inc , Republic Act , Binan Based Independent Telephone Company , Derecho Telecommunications , President Rodrigo Duterte Manila Has Signed Three Laws Granting And Renewing The Franchise Of Telecommunication Companies Republic Act 11757 Ra 11758 For Another 25 Years Granted To Binan Based Independent Telephone Company , Nc And Sultan Kudarat Telephone System Inc , Espectively He Also Approved Ra 11759 Granting Derecho Telecommunications , Nca Franchise To Construct , Nd Maintain Telecommunications Systems Throughout The Philippines All Laws Require Grantees To Secure From National Commission Ntca Certificate Of Public Convenience And Necessity Or Appropriate Permits Licenses For Construction , Nd Operation Of Its Telecommunications Systems Or Facilities Quot In Issuing The Certificate , He Ntc Shall Have The Power To Regulate And Impose Such Conditions Relative Construction , R Service Level Of The Telecommunications Systems Or Facilities , Uot The Laws Read Such Certificate Must State Areas Covered And Date Grantee Will Commence Service Under , He Grantees Must Quot Conform To The Ethics Of Honest Enterprise And Not Use Its Stations Or Facilities For Obscene Indecent Transmission , R For Dissemination Of Deliberately False Information , R Willful Misrepresentation , R Assist In Subversive Or Treasonable Acts Quot The Ntc May Revoke Suspend Their Permits Licenses Case Of Any Violations Provisions Laws Under , He Grantees Must Submit An Annual Report On Its Compliance With The Terms And Conditions Of Franchise Operations To Congress Philippines Include Update Commencement Activities , Nd Expansion Of Business Audited Financial Statements Latest General Information Sheet Gis Officially Submitted To The Securities And Exchange Commission Sec , F Applicable Certification Of The Ntc On Status Its Permits And Operations An Update Dispersal Ownership Undertaking ,