News » Mislatel Consortium wins bid to be Philippines third telecoms player

Mislatel Consortium wins bid to be Philippines third telecoms player

Mislatel Consortium wins bid to be Philippines third telecoms player

The Philippines government has named the Mislatel Consortium as the provisional new major player in the Philippine telecommunications market. The consortium is composed of Dennis Uy’s Udenna Corporation based in Davao City and its logistics arm, Chelsea Logistics Holdings, partnered with the state-owned China Telecommunications, and the Mindanao Islamic Telephone Corporation, Inc. (Mislatel). Congress granted Mislatel a 25-year franchise to operate back in 1998.

Mislatel welcomed the decision, saying the combined assets of its member companies will help the consortium to succeed. “The consortium is confident that Udenna Corporation’s extensive supply chain and knowledge of local industries will complement the world-class technology and telecommunications expertise of China Telecommunications Corporation, one of the world’s largest and most experienced fixed and mobile network operators. Meanwhile, Chelsea Logistic Corp.’s expertise in logistics and distribution will enable the speedy development of the network,” it said in a statement Wednesday.

Read more here.

 

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