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The Supreme Court has ended the bid of NOW Telecom Company Inc. to become the country’s third major player in the telecommunications industry.
“Considering all the foregoing, the CA did not commit any reversible error in the assailed Decision and Resolution. The CA properly upheld the RTC’s denial of NOW Telecom’s application for WPI,” the SC said.Chief Justice Alexander Gesmundo, and Associate Justices Ramon Paul Hernando, Ricardo Rosario and Jose Midas Marquez of the SC’s first division concurred with the ruling.
“Consequently, the CA correctly ruled that the implementation of the subject Circular involved an essential telecommunications infrastructure project. As such, NOW Telecom cannot enjoin the implementation of the bidding process for the selection of the NMP by a lower court’s WPI,” it stressed. “As pointed out by the CA, NOW Telecom was a mere prospective bidder at the time of its application for the issuance of a WPI,” the SC said.
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