Davao-based Udenna teams up with China Telecom for 3rd telco player bid

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Local firm Udenna Corporation and a state-run China Telecommunications Corporation player have joined forces.

Metro Manila (CNN Philippines, November 7) Two firms vying for the Philippines' new major telecommunications (telco) player spot have joined forces.

Davao-based Udenna Corporation, and its subsidiary Chelsea Logistics Holdings Corp., partnered with state-run foreign firm China Telecommunications Corporation to formally bid as as Mislatel Consortium.

Their proposal was submitted to the National Telecommunications Commission (NTC) on Wednesday morning.

"The consortium is confident that [Udenna's] extensive supply chain and knowledge of local industries will complement the world-class technology and telecommunications expertise of [China Telecom], one of the world's largest and most experienced fixed and mobile network operators," the two firms said in a statement.

The new major player will be chosen based on the Highest Committed Level of Service (HCLOS) for a period of five years. Firms competing for the spot will be judged on the following criteria: national population coverage, minimum average broadband speed, and capital and operational expenditures.

Udenna Corp. has several other businesses: Phoenix Petroleum, Udenna Development Corporation and Chelsea Logistics.