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List of potential third telco bidders in the Philippines

With growth opportunities seen in the Philippine telco industry, the search for a new major telco player has enticed not just local firms but also foreign investors. 
List of potential third telco bidders in the Philippines
Who will win?

Here at GIZGUIDE we list potential bidders wanting to be the third telco player, based on earlier remarks of Department of Information and Communications Technology (DICT) acting chief Eliseo Rio.

Local groups

Davao-based Tier1
Philippine Telegraph and Telephone Corp.
NOW Telecom
Transpacific Broadband Group
International Easycall Communications Philippines
Converge ICT

Foreign firms

China Telecom
LG Uplus Corp.
Korea Telecom
Vietnam Telecom

Although these companies have expressed a desire to snatch the third telco slot, this remains unofficial until they purchase the selection process documents from the DICT and the National Telecommunications Commission (NTC). Selling of these documents would start on Monday, October 8.

Let's wait if these groups would really take a chance to become a challenger of the PLDT-Globe Telecom duopoly. 

Both the DICT and NTC have been ramping up the process as President Rodrigo Duterte mandated to name the third telco before Christmas.

Stay tuned for more details!

Are you excited with this news? Let us know in the comments!

Sources: Rappler, DICT
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