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.
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Representatives from Udenna and China Telecom hug after their partnership was named the "provisional" winner of a third mobile communications license in the Philippines on Nov. 7. (Photo by Cliff Venzon)
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