Philippine cell companies see bankruptcy in 3G bidding

18.04.2006

Kintanar added: 'I congratulate NTC for going into 3G, but I'm really disappointed because I was thinking and hoping and I was made to understand there would be a bidding on this.'

According to Suarez's resolution, NTC violated Section 15 of Republic Act 7925 in awarding 3G licenses without bidding, while ICT committee member Augusto Baculio declared that NTC also violated the law for failing to place any monetary value on 3G's service spectrum.