Defining the News
A Makati City regional trial court denied the request by News and Entertainment Network Corp. of businessman Mel Velarde to prevent the National Telecommunications Commission from reassigning its frequency allocation.
The RTC, in an earlier order dated July 31, 2023, also denied Newsnet’s application for issuance of a temporary restraining order against the implementation of NTC Memorandum Circular No. 003-05-2023 dated May 23, 2023. This was after the regulatory body denied Newsnet’s request to renew its provisional authority to operate and maintain a CATV system within the 25.35 to 26.35 gigahertz frequency range, citing an expired legislative franchise.
The RTC disagreed with Newsnet, pointing out that the PA and other permits issued by the NTC to the company were based on its legislative franchise.
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