MANILA, Philippines — An advisory group warned that the proposed Konektadong Pinoy Act or Senate Bill 2699 which seeks to reduce regulatory oversight of the National Telecommunications Commission (NTC) could lead to more abuses. SB 2699, if passed, will eliminate the need for a congressional franchise for telecommunication companies, which diminishes the regulatory powers of the NTC. But in our zeal to encourage investments, it would be prudent to maintain the regulatory oversight of the NTC. One of the main pushers of the Konektadong Pinoy Bill is Senator Alan Peter Cayetano, who is rallying support from different government agencies and business organizations to fast-track the passage of SB2699. AdvertisementThe proposed Konektadong Pinoy Act is awaiting deliberations at the Senate.

Source: Manila Times October 13, 2024 05:46 UTC