Philippine cell companies see bankruptcy in 3G bidding

18.04.2006

Solis, in interpreting Section 4 and 15 of RA 7925, told lawmakers that under existing laws the commission is not constrained to bid out the frequencies since the law only allows the awarding of frequency to those best qualified.

Suarez said one more hearing will be conducted before the committees on Oversight and ICT submit their reports in Congress and have the resolutions approved.