Nature and Scope of Franchise.
Section 1
SECTION 1. Nature and Scope of Franchise. – Subject to the provisions of the 1987 Philippine Constitution and applicable laws, rules and regulations, there is hereby granted to Megamanila Telecom Corp., hereunder referred to as the grantee, its successors or assignees, a franchise to construct, install, establish, operate and maintain for commercial purposes and in the public interest, throughout the Philippines, with its central base of operations located at Ortigas Center, San Antonio, Pasig City, wire and/or wireless telecommunications systems including, but not limited to, mobile, cellular, paging, fiber optics, satellite transmit and receive systems, switches, and their value-added services such as, but not limited to, transmission of voice, data, facsimile, control signs, audio and video, information services bureau and all other telecommunications systems technologies as are at present available or will be made available through technological advances or innovations in the future; and/or construct, acquire, lease and operate or manage transmitting and receiving stations, hnes, cables, or systems as are convenient or essential to efficiently carry out the purpose of this franchise.