MANILA -- China Telecom's possible bid to break the Philippines' telecommunications duopoly has excited potential local partners, but it has also stirred security concerns.
China Telecom has been endorsed by the Chinese government to invest in the $5.3 billion Philippine telecom sector, officials in Manila said early this week. China Telecom told Reuters it was studying an investment. The state-owned company is one of the three telecom carriers in mainland China that serve the world's largest market as measured by mobile subscribers.
