Senate President Juan Ponce Enrile Tuesday stated that the deal between the Philippine Long Distance Telephone Co. (PLDT) and Digitel, operator of Sun Cellular, is legal and does not require congressional approval.
“There is no need for approval of Congress on the merger of Digitel and PLDT because Congress, which gives licenses to telecoms franchises, allowed Digitel to sell the controlling interests of the succeeding company, like the PLDTSmart,” Enrile said. [ FULL STORY ]
