Philippines invites newcomer to transform its troubled telco sector

(Repeats items first carried late on Tuesday) * Telenor, China Telecom among foreign interest. * Opportunities in Filipinos’ social media, texting appetite. * Duopoly spend big on upgrades, but red tape ‘tedious’ * Foreign firms must join consortium, max 40 pct stake. By Neil Jerome Morales and Martin Petty.

Posted: 2018-11-07 01:42:00

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