Philippine telecom: 3G licenses awarded legally

14.06.2006

The committees proposed an "installment" scheme that would spread out the payment of the fees over a 25-year period, or the lifetime of the authorization of 3G networks. The two committees also recommended that other players be allowed to participate in the bidding

for 3G licenses.

NTC earned P2.3 billion (US$37 million) in the awarding of the four licenses, but lawmakers described this as "minuscule" saying the government could have earned P15 billion to P26 billion more.