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Monday, July 23, 2012

SMC’s Wi-tribe unit wins bid to keep telecoms frequencies

Wi-tribe Telecoms, the nascent 4G/WiMAX unit of San Miguel Corp’s (SMC’s) Liberty Telecoms Holdings, has won a court case in the Philippines allowing it to hold on to key wireless frequencies that had previously been allocated to broadcaster Exodus Broadcasting Corp. The Court of Appeals sided for Wi-tribe in its ruling, with Associate Justice Socorro B Inting, as quoted by local news site Business World, saying that the court had denied Exodus Broadcasting’s application for a temporary restraining order and writ of preliminary injunction against wi-tribe Telecoms, ‘there being no irreparable injury that the petitioners stand to suffer if the writ is not granted.’ The broadcasting group had filed a suit looking to reclaim its unused frequencies, which had been allocated to Liberty Broadcasting Network, now known as wi-tribe Telecoms.


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OVETEL SMC’s Wi-tribe unit wins bid to keep telecoms frequencies

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