PLDT to give up Cure frequencies 'at no cost'

After Presidential Spokesperson Harry Roque announced how President Rodrigo Duterte was “displeased” for finding frequencies to be allotted to the new telecom provider, finally, PLDT Inc. has agreed to surrender to government one of its radio frequencies, Connectivity Unlimited Resources Enterprise (CURE), “at no cost” for the soon-to-be third telecom player, wherein PLDT Inc. and Globe Telecom Inc. currently hold the majority of radio frequency.
"Gusto ni Presidente na kunin yung frequency at no cost to the government. 'Yun ang kanyang instruction, (As per the President’s instruction, he wants to get the frequency at no cost)" Department of Information and Communications Technology Officer-in-Charge Eliseo Rio Jr. said in an interview over DZMM radio last Wednesday.

"Napaabot ko na kay MVP (Pangilinan) kahapon at pumayag na po siya sa kondisyon ni Presidente, (I have relayed it already to MVP yesterday and he agreed)" he added.

But PLDT Chairman, President and Chief Executive Officer Manuel Pangilinan earlier said that future telcom would need to spend P3 billion for possible compensation in turning over the 3G frequency by PLDT unit Connectivity Unlimited Resources Enterprise (CURE) to the government.

Duterte threatened to send tax auditors to telecom firms that he said have many “demands”, last Tuesday in a speech.


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