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Piltel pulls plug on plan

30 Jul 2009

Pilipino Telephone Corp (Piltel) has withdrawn its application to operate a data communications network, reports BusinessWorld Online. In a filing with the regulator, the National Telecommunications Commissions (NTC), Piltel said it has abandoned a five-year plan to deploy a PHP7.6 billion wireless data communication service nationwide using broadband wireless access frequency spectrum. The move marks the end of Piltel’s presence in the telecoms industry.

Philippines, Smart Communications (Philippines)

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