Poe warns DITO of possible franchise revocation if it misses launch by July 2021

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Poe warns DITO of possible franchise revocation if it misses launch by July 2021
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Senator Grace Poe warned DITO Telecommunity that it could face possible revocation of its franchise should it fail to deliver on its first-year commitment to the government by July next year. | CMRamosINQ

This grace period is extendable for six more months, Poe noted.This means that if DITO would still fail to deliver on its commitment to the government by July 2021, Congress may revoke its franchise, she said.

Poe also reminded DITO of the P25-billion performance bond that it will have to pay the government should it not deliver on its promise.

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