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Prepaid load in the Philippines now good for up to one year

According to a recent report found on PTV news, the expiration of prepaid loads will be extended up to one year based on a new Joint Memorandum Circular.
Prepaid load in the Philippines now good for up to one year
DICT Officer-in-Charge Eliseo Rio, Trade Secretary Ramon Lopez, and NTC Commissioner Gamaliel Cordoba. Photo grabbed from CNN.

Related: Smart, TNT, and Sun will extend validity of prepaid load to one year

Department of Trade and Industry (DTI), Department of Information and Communications Technology (DICT), and National Telecommunication Commission (NTC) has agreed to lengthen the expiration duration of prepaid load regardless of amount and network for 1 year.

This circular was signed last Wednesday by DTI Secretary Ramon Lopez, DICT Officer-in-Charge Eliseo Rio Jr., and NTC Commissioner Gamaliel Cordoba.

Lopez said the JMC will lengthen the life of prepaid loads regardless of amount. It’s our way to protect the rights of our consumers in the telecommunications industry, added Lopez.

It simply means that prepaid cards from Smart, Sun, Globe, and others won't expire as quickly as before.

Rio has also assured that the government has met and discussed with the telco players in coming up with the JMC.

Cordoba also stated that postpaid users comprised only 3.0 percent of the total mobile services' subscribers.

The Joint Memorandum Circular implemented 15 days upon publication. The participating agencies target to publish the new JMC on Thursday.

Source: PTV
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