After two stakeholders’ consultations and various meetings with the International Telecommunication Union (ITU) during the first quarter of 2018, the Department of Information and Communications Technology (DICT) issues the Memorandum Order (MO) 002, amending certain provisions of the DICT Memorandum Order 001 on the “Policy Guidelines for the Entry of a New Major Player in the Telecommunication Market.” This was signed on 13 April 2018 by the DICT Officer-in-Charge Eliseo M. Rio, Jr.
Under the current Memorandum Order, an interested party must have paid in capital of at least Php 10B as indicated in its latest financial statements to prove financial capability; must have experience in provisioning, delivery, and operations of telecommunication services for the last five years; and should be a holder of a congressional franchise that is not related to any dominant telecommunication player and has no any outstanding liabilities with the National Telecommunications Commission (NTC) as of 31 January 2018.
In addition, the highest committed level of service (HCLoS formula) will be considered as one of the methods in selecting the NMTP. This is aside from the earlier method in choosing the NMTP base on the highest committed level of investment in the first five years.
Amendments also entail the involvement of an Oversight Committee, which was directed to assist NTC in the formulation of the Memorandum Circular (MC) that shall contain the Terms of Reference (TOR) in selecting the NMTP. This is pursuant to the Administrative Order No. 11 signed by President Rodrigo Duterte last 06 April 2018.