CAT, TRUE face order

WEDNESDAY, OCTOBER 05, 2011
CAT, TRUE face order

The National Telecommunications Commission (NTC) will soon formally order CAT Telecom and True Corp to amend parts of the contracts in connection to their collaboration to develop third-generation wireless broadband service, to make them comply with anti-

The NTC, which now acts on behalf of the upcoming National Broadcasting and Telecommunications Commission (NBTC), has determined that parts of the deals do not comply with its regulations.
True and CAT last week separately said they were willing to look into the details and make the necessary amendments.
The NTC board also concluded last week that it would ask the Information and Communications Technology Ministry, the Finance Ministry, and the National Economic and Social Development Board to review whether the deals need to be regulated by the 1992 Public-Private Joint Venture Act.