NTC disqualifies PTT, LCS-TierOne

0
23
A telco tower beams its signals silently but a proposal for independent tower companies has raised a ruckus. contributed photo

The National Telecommunications Commission (NTC) today disqualified Philippine Telegraph and Telephone Corp. (PT&T) and the consortium of LCS-TierOne from the third telco bidding for failing to meet requirements.

LCS-TierOne, composed of TierOne Communications International Inc. and LCS (Luis Chavit Singson) Inc., failed to provide P700 million representing participation security.

PT&T, on the other hand, was unable to submit a Certificate of Technical Capability (CTC).

With the two bidders’ disqualification, only the Mislatel Consortium – made up of Udenna Corp., its subsidiary Chelsea Logistics Holdings Corp. and China Telecommunications Corp. — was allowed to proceed to the detailed evaluation.

Both LCS-TierOne and PT&T expressed their interest to file motions for reconsideration to rejoin the bidding. PT&T said it already requested from NTC a CTC.

The winning bidder will become the third telecommunication company in the Philippines after the Philippine Long Distance Telephone (PLDT) Co. and Globe Telecoms.

LEAVE A REPLY