A Philippines Senate committee plans next year to draw up legislation that would reform the nation’s telecommunications industry.
The Senate committee on economic affairs is considering reforms including granting more powers to regulator the National Telecommunications Commission (NTC), Rappler reported.
Another proposed change involves removing the 40% owner restriction on overseas investments in telecommunications ventures to allow foreign players to more freely operate in the market.
The committee is critical of the NTC’s recent decision to quickly review the…
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