PLDT Inc. will be formalizing its intent of not seeking compensation for surrendered frequencies that the government wants to award to a third telecommunications player.
PLDT — one-half of a so-called duopoly along with Globe Telecom — is preparing an official letter waiving all rights and benefits involving Connectivity Unlimited Resource Enterprise (CURE) frequencies turned over in 2012, company chairman Manuel V. Pangilinan said on Tuesday.
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