MANILA -- An alliance between China Telecom and Davao-based tycoon Dennis Uy is poised to clinch the third major telecom license in the Philippines after it emerged as the lone qualified bidder at an auction on Wednesday.
Mislatel Consortium -- comprising Uy's Udenna and Chelsea Logistics Holdings, Mindanao Islamic Telephone and China Telecom -- has been declared the "provisional" new player, said Selection Committee Chair Ella Blanca Lopez. Uy has close ties to President Rodrigo Duterte and donated to his election campaign.
