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 NTC hearing on PLDT-Digitel deal on May 23

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PostSubject: NTC hearing on PLDT-Digitel deal on May 23   Tue May 10, 2011 11:05 pm

PLDT‘s acquisition of Digitel is still in the works and is not final. NTC has yet to approve of this sale before it pushes thru. As such, the commission has set a hearing this May 23, 2011.

The hearing will allow all parties who oppose to the deal to state
their case. Even the Office of the President has tasked the Justice
Department to look into the deal to see if the merger is aligned with
consumer’s interest (the deal has sparked issues of anti-trust). I’m
sure reps of Globe Telecom will be there as they’ve been very vocal
about this case from the very beginning.
Do you guys agree that PLDT should be allowed to buy Digitel/Sun Cellar?
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