China Telecom, local tycoon join hands to bid for Philippine telco licence

China Telecom, local tycoon join hands to bid for Philippine telco licence

Photo by Tim Gouw on Unsplash

A consortium of China Telecom and firms controlled by a Filipino tycoon appeared poised on Wednesday to win the Philippines’ third telecoms license, after two rival bids were rejected and foreign players tipped to participate opted out.

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