MANILA A possible bid by China Telecom 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 on Dec. 10. China Telecom told Reuters it was studying an investment. The state-owned company is one of the three telecom carriers in mainland China.
