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Sunday, May 22, 2011

Malacañang to Look into PLDT-Digitel Merger

Philippine News Daily
April 13, 2011


MANILA, Philippines – Reports said that Malacañang is now in the process of examining possible implication on the set up merger between the rival telecommunication companies PLDT or Philippine Long Distance Telephone Co. and Digitel or Digital Telecommunications Philippines Inc.

Presidential Communications Secretary Ricky Carandang said that President Benigno “Noynoy” Aquino III has ordered his Cabinet economic team to scrutinize the effect of the said merger to the consumers.

Carandang has explained to the media regarding Malacañang’s move towards the said merger:

“The economic team is studying whether we should issue an opinion on the merger… and see what kind of action can be taken by the government if the merger has an impact on consumers. The President has been asking what impact the merger may have. We don’t want to interfere in the private sector but we are concerned if there is an impact. Right now, we do not have a conclusion to that effect yet.”

Among those that will be examined by the cabinet economic team created by the palace include the fear on augmenting subscribers’ yoke from the absence of competition among the service providers like Smart Communications and Sun Cellular, once the two telephone companies finally merged. If finally approved, then subscribers would have no other options but to stick to a sole network regardless of the quality of services offer.

In the meantime, the Php69.2 billion merger fund is still pending in the National Telecommunications Commission (NTC).




If you are against monopoly go to this link and sign the petition: 
Congress Must Investigate PLDT-Digitel Merger Deal

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