Merger between MVP, Uy telcos unlikely — solon 35 SHARES Share it! “There’s simply zero chance that anti-trust watchdogs will allow the three players in the telecommunications sector to revert to two in the future,” Pimentel said in a statement Sunday. “We already have a durable anti-trust law in place that prohibits mergers and acquisitions that diminish market competition,” Pimentel pointed out. “Back then, we still did not have the Competition Law and the PCC,” Pimentel said. Mislatel is poised to compete with PLDT led by Pangilinan and the Ayala-owned Globe, which for years have ruled the country’s telco sector.

Source: Manila Bulletin November 25, 2018 10:52 UTC