NTC disqualifies PTT, LCS-TierOne

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There are 10 prospective telco players looking to convince government to award them the third telecommunications slot. Concept News Central

The National Telecommunications Commission (NTC) today disqualified Philippine Telegraph and Telephone Corp. (PT&T) and the consortium of LCS-TierOne from the third telco bidding for failing to meet requirements.

LCS-TierOne, composed of TierOne Communications International Inc. and LCS (Luis Chavit Singson) Inc., failed to provide P700 million representing participation security.

PT&T, on the other hand, was unable to submit a Certificate of Technical Capability (CTC).

With the two bidders’ disqualification, only the Mislatel Consortium – made up of Udenna Corp., its subsidiary Chelsea Logistics Holdings Corp. and China Telecommunications Corp. — was allowed to proceed to the detailed evaluation.

Both LCS-TierOne and PT&T expressed their interest to file motions for reconsideration to rejoin the bidding. PT&T said it already requested from NTC a CTC.

The winning bidder will become the third telecommunication company in the Philippines after the Philippine Long Distance Telephone (PLDT) Co. and Globe Telecoms.

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