Connectivity Unlimited Resource Enterprises (CURE), a company owned by former Filipino Trade Minister Roberto V. Ongpin which won the country’s fourth UMTS licence in 2005, has finally announced some details on its network rollout plans. According to the Manila Standard Today, CURE plans to raise its authorised capital to PHP2 billion (USD39.83 million) to help fund its 3G network build, although it has not divulged its rollout timetable. Under the terms of its licence award, the start-up has until December 2006 to prove it has the necessary wherewithal to provide 3G services. If it fails, the National Telecommunications Commission could consider it to be merely engaged in frequency hoarding and would have little choice but to revoke its licence. The rules say a licensee has twelve months to demonstrate it is capable of rolling out a 3G network, and prevent it from piggybacking on the network of another 2G/3G operator in the interim.
Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.
Filter CommsUpdate by the following categories or use the search.
Visit our help page information on performing advanced searches, including how to restrict the results by country or company.
CommsUpdate is an outstanding advertising venue for companies seeking to reach:
- International carriers
- Wholesale service providers
- Equipment and software vendors
- Telecom investors