SECTION 1. Section 1 of Republic Act No. 8597 is hereby amended to read as follows:
“SECTION 1. Nature and Scope of Franchise. — Subject to the provisions of the Constitution and applicable laws, rules and regulations, there is hereby granted to the Trento Telephone System, Incorporated, hereunder referred to as the grantee, its successors or assigns, a franchise to construct, establish, install, maintain and operate for commercial purposes and in the public interest, local exchange network, including public calling stations or pay telephone stations or wireless local loop and for such purpose provide basic telephone service or other means related to the foregoing now known to science or which in the future may be developed in the municipalities of Trento, Bunawan, Sta. Josefa, Rosario, Veruela and Loreto, all in the Province of Agusan del Sur, for public domestic telecommunications.”