PRRD signs law granting franchise to Villar-owned telco system

MANILA — President Rodrigo Duterte has signed a law granting Streamtech System Technologies Inc. a franchise to construct, operate and maintain telecommunications systems throughout the country.

Duterte signed Republic Act 11089 on Oct. 18, giving a 25-year franchise to the telecom system owned by Villar’s family.

Under the law, Streamtech will “maintain for commercial and in the public interest an international gateway facility to serve and connect the Philippines to other countries and territories”.

The company is directed to secure a Certificate of Public Convenience and Necessity as well as appropriate permits and licenses for the construction, installation and operations of telecom systems from the National Telecommunications Commission (NTC).

“The grantee shall not use any frequency in the radio spectrum without authorization from the NTC,” the law said.

“The NTC, however, shall not unreasonably withhold or delay the grant of such authority, permit, or license,” it added.

The measure also provides that Streamtech “shall improve and extend its services in areas not served, and in hazard- and typhoon-prone areas” of the country.

“The grantee shall conform to the ethics of honest enterprise and not use its stations or facilities for obscene or indecent transmission or for dissemination of deliberately false information or willful misrepresentation, or assist in subversive or treasonable acts,” it said.
The franchise, according to the law, shall be deemed ‘ipso facto’ revoked if Streamtech fails to commence operations within three years from effectivity of the law, and to operate continuously for two years.

The grantee shall also be fined with PHP1 million “per working day of noncompliance” if it fails to submit mandatory annual reports to Congress.

Manuel Paolo Villar, son of businessman Manny and Senator Cynthia Vilar, is reportedly managing Streamtech.

Meanwhile, Duterte also signed on Oct. 18 the Republic Act 11099 renewing for another 25 years the franchise granted to Notre Dame Broadcasting Corporation to “construct, install, operate, and maintain radio broadcasting stations”. (Jelly Musico/PNA)

Popular

VP on trial: What you need to know about the impeachment of Sara Duterte

By Brian Campued About five months since the second series of impeachment complaints against Vice President Sara Duterte was formally initiated, the House prosecution panel...

Impeachment trial: The pursuit of truth, justice, and accountability

By Dean Aubrey Caratiquet At its core, every government around the world implements a set of checks and balances enshrined in its respective constitution to...

Canadian firms’ $15.9B investment pledges seen to boost PH mining sector

By Ruth Abbey Gita-Carlos | Philippine News Agency Canadian gold and copper producer OceanaGold Corp. has pledged to invest $1.9 billion for the continued operation...

PBBM positions PH as ‘responsible’ hub for mineral processing

By Ruth Abbey Gita-Carlos | Philippine News Agency President Ferdinand R. Marcos Jr. on Friday (Canada time) positioned the Philippines as a “responsible” hub for...