After being proclaimed as the country’s third telco, Mislatel Consortium is doing progress following the signing of a share purchase agreement last June 13. The share purchase agreement is necessary for obtaining a Certificate of Public Convenience and Necessity (CPCN) from the National Telecommunications Commission (NTC).
Should all go well, Mislatel spokesperson Atty. Adel Tamano said that the consortium will start its network rollout by July. As for the commercial rollout, Tamano said that will most likely happen by the second half of 2020.
Prior to this, Congress approved a measure allowing the consortium to acquire control of franchise holder Mindanao Islamic Telephone Company—which is essential to increase Mislatel’s capital stock to Php 10 billion as part of its compliance requirements.
Department of Information and Communications Technology (DICT) Acting Secretary Eliseo Rio Jr. earlier said that they will be awarding the 700Mhz, 2100Mhz, 2000Mhz, 2.5Ghz, 3.3Ghz, and 3.5Ghz to Mislatel.
Once Mislatel goes up and running, DICT will monitor on the third telco’s promise to deliver an average broadband speed of 27Mbps with 37.03% nationwide coverage.