Business > Corporate News
PCC takes closer look at telco tower firms' JV

THE Philippine Competition Commission (PCC) on Tuesday said that it had begun a more thorough review of a proposed joint venture (JV) involving three independent telecommunications tower companies.

The antitrust watchdog has launched a Phase 2 review of the proposed deal involving PTCI Holdings Pte. Ltd. (PTCI), Connect Infrastructure (Philippines) Pte. Ltd. (CIP) and Meralco Industrial Engineering Services Corp. (Miescor).