The Mislatel Consortium is officially named by the National Telecommunications Commission (NTC) as the third telco or NMP (New Major Player).
Mislatel or Mindanao Islamic Telephone Company, Inc. consortium is comprised of Udenna Corporation, Chelsea Holdings, and China Telecom.
According to DICT, Mislatel passed the Document Verification Phase conducted by the NMP Selection Committee.
Mislatel was the only one who passed the initial selection process. The other two were Sear Telecom and PT&T of which their Motion for Reconsideration was denied by the Selection Committee.
“As we reached the end of the tunnel of this NMP search, the ball is now on Mislatel’s court to deliver on their promise,” said Acting Secretary Eliseo M. Rio Jr.
Mislatel promises to deliver 27 Mbps as minimum average broadband speed on its first year of operation. And in the next four years, the company commits to a 55 Mbps speed. This commitment comes with a P24 B performance bond.
The NMP has also devoted to service 84.01% of the population before the end of its five-year commitment period.
Acting Secretary Rio expects the NMP to tap existing small players to meet their own promises.
“One of the best ways Mislatel can comply with its commitments is to use all existing facilities and services of the other small players,” said Rio. “The NMP will spur business for small telcos and last mile links like CATV operators.”
Next Steps
In the next 90 days, Mislatel has to submit required documents stated in the NTC MC 09-09-2018, including its roll-out plan for the entire commitment period, for the processing of its Certificate of Public Convenience and Necessity (CPCN).
