SECTION 1. Section one of Republic Act Numbered "Thirty-two hundred twenty-nine is hereby amended to read as follows:
"SECTION 1. There is hereby granted and conceded to Enrique M. Orozco and Sons, Inc., residing at Number Four hundred forty-one-C, Isabel, Sampaloc, Manila, Philippines, its successors or assigns, and hereunder referred to as the grantee a franchise to construct, install, maintain and operate radio stations in the Philippines not at present adequately served by radiotelegraph and/or radiotelephone Systems, subject to the approval of the Secretary of Public Works and Communications or any licensing authority, commercial radiotelegraph and/or radiotelephone communications stations, with corresponding relay stations in the interisland, maritime, aeronautical and international public services, and stations in the broadcasting, television, radiophoto, and facsimile services, both national and/or international to provide radio communication services and equipment to private firms and companies and corporations within their respective internal framework, and/or to communicate from within with grantee's station or stations."