Philippine cell companies see bankruptcy in 3G bidding

18.04.2006

Other telcos CURE and Media Telephony, through their consultant representatives in the deliberations, also said they would have participated in a bidding if it was required for them to do so'but not as prepared as telco giants Smart and Globe.

Media Telephony was the first out of nine telcos to have applied for a 3G license in the Philippines as early as 2002 but was rejected. The other failed applicants are Bayan Telecommunications Inc., AC Communications, and Pacific Wireless.