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Economy

Duterte strongarms Philippine telecoms into competitive fees

Government intervention could spread to other industries ruled by oligopolies

Philippine cellular services have come under fire for slow speeds and high costs, including here in Manila.

MANILA -- The Philippines' notorious telecommunications oligopoly has a new sheriff in town.

President Rodrigo Duterte, known for his hard-nosed stance against drug dealers and Washington alike, has turned his bully pulpit toward PLDT and Globe Telecom, the country's two biggest telecom providers. The companies are at the center of what is called Southeast Asia's worst cellular market in terms of speeds and pricing.

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