ABS-CBN frequencies are now open for other companies
Congressmen Jonathan Sy-Alvarado and Michael Defensor expressed that ABS-CBN frequencies are now available for other broadcast companies.
Congress denied the franchise application of the media giant and this forced the Kapamilya network to shut down. The frequencies of the network included five AM and 18 FM radio stations, 42 analog and 10 digital television stations around the Philippines.
Based on the report from The Philippine Star, the frequencies previously occupied by ABS-CBN Corporation will not be reserved until the company will be able to secure the application of the franchise in 2022.
On September 8, the lawmakers said that this the vacant frequencies are now open for other companies. “It’s now open for application by other broadcast companies,” Cong. Alvarado said.
Rep. Defensor echoed this statement from his fellow lawmaker as he said that the government can now offer the slots for other broadcast companies. “Technically, the frequencies of ABS-CBN are returned to the state,” he stressed.
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Alvarado added that the challenge for the company who will apply for the ABS-CBN frequencies is to match the capacity of the TV giant. “But I have not heard of any instance when the NTC ( National Telecommunications Commission) rejected an applicant for an available frequency,” he added.
However, Alvarado did not disclose what companies have already expressed interest in acquiring the frequencies of ABS-CBN. He said that it is “best to wait”.
Based on the report, information leaked that the Manila Broadcasting Company of the Elizalde group has already expressed a desire to acquire the franchise. A source knowledgeable in this matter said, “It’s really a profitable slot. That’s why it is expected that many are interested.”
This matter surfaced after the proposal to use the ABS-CBN frequencies for the Department of Education’s distance learning did not push through.
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