LINK Globe Wants CURE but PLDT is HOLDING…


LINK: Globe Wants CURE but PLDT is HOLDING ON?

When PLDT bought  the 98% stake of Digitel–operator of Sun Cellular, the National Telecomunication Commission made a deal. PLDT has to release ownership of CURE to put balance in the spectrum ownership. PLDT has already amassed 35% of the 3G spectrum and has to be reduced to 25% when it shall sell the 10% which is held by CURE to other players. 

Globe is interested of that 10% of CURE’s assigned frequency to support its increasing demand for more space in the spectrum.

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