Filipino telco BayanTel petitions court to ditch Extelcom’s rehab plan
www.WirelessFederation.com/news: The supreme court of Philippines has been requested by Bayan Telecommunications Inc (BayanTel) to shelve court-imposed rehabilitation plan for troubled domestic operator Express Telecommunications Company (Extelcom).
106-page petition has been submitted by BayanTel and its partner Marifil Holdings Corp arguing that their proposed rehabilitation plan would enable Extelcom to generate cumulative revenue of PHP1.8 billion over ten years.
BayanTel, has claimed that it is a perfect commercial partner for Extelcom because of its sufficient capital and technical expertise in wireless communications service besides offering to share its provincial wireless local loop revenues and its EBITDA from roaming service for foreign visitors with Extelcom in exchange for the use of the latter’s frequencies in the 800MHz band.
Bayan Telecom inks Intercarrier Roamer Services agreement with Pacific Telecom (Philippines)
www.WirelessFederation.com/news: Bayan Telecom, the Fillipino mobile operator, has inked an Intercarrier Roamer Services agreement with Pacific Telecom to offer international roaming service to its subscribers. With this agreement, Filipino mobile subscribers can communicate if they are in Guam or in the Pacific.
