NTC sets conditions to PLDT-Digitel deal
MANILA, Philippines - On October 26, 2011 the National Telecommunications Commission (NTC) approved PLDT's acquisition of Gokongwei-led Digital Telecommunications, but under the following conditions.
NTC commissioner Gamaliel Cordoba says both telco firms have to keep their "unlimited" offerings and service quality, which will be checked quarterly.
He explained that these conditions were made in the absence of an anti-trust law in the country. The mega-deal will result in a behemoth that is seen to control 70% of the domestic telecommunications market.