A MAKATI court has denied a plea from businessman Mel Velarde's News and Entertainment Network Corp. (Newsnet) to stop the reallocation of its frequencies by the National Telecommunications Commission (NTC).
In a 16-page order dated March 4, the Makati City Regional Trial Court (RTC) Branch 13 denied the application for a writ of preliminary injunction attached to a complaint filed by Newsnet against the regulator on July 5, 2023.
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