MANILA, Philippines — Udenna Corp. of Davao-based businessman Dennis Uy has signed a memorandum of understanding (MOU) with the National Grid Corp. of the Philippines (NGCP) for Mislatel consortium’s use of NGCP’s fiber optic facilities. Udenna is part of the Mislatel consortium, the country’s new major player in the telecommunications space, alongside Uy’s Chelsea Logistics Holdings Corp. and state-owned China Telecom. The MOU signified Udenna’s intention to conduct joint studies to determine the feasibility of the consortium’s use of NGCP’s fiber optic facilities. On Nov. 19, the NTC issued a new major player confirmation order to the group. “Our goal is to be the country’s best telecommunications provider, giving our people world-class coverage, speed, and reliable service,” the Mislatel consortium had committed.

Source: Philippine Star February 19, 2019 16:01 UTC