Press Release
May 30, 2016

Bam on the SMC Sale of Telco Assets to Globe and Smart

A lot of Filipinos like myself were looking forward to a third player to shake up the telco market and improve competition. Knowing that this third player is far from reality again is unfortunate.

The Philippine Competition Commission needs to look into these transactions carefully and responsibly.

The Philippine Competition Act provided the Commission with wide-ranging powers and the mandate to protect the public interest. This is their first test and definitely a defining moment for them.

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