Nature and Scope of Franchise.
Section 1
SECTION 1. Nature and Scope of Franchise. – Subject to the provisions of the Constitution and applicable laws, rules and regulations, the franchise granted to Transpacific Broadband Group Intl. Inc., hereunder referred as the grantee, its successors or assignees, to construct, install, establish, maintain, and operate for commercial purposes and in the public interest, communications systems for the reception and transmission of messages, such as but not limited to voice, audio, data, facsimile, video, and such other intelligence by radio, wire, satellite, and other means known to science or which in the future may be developed, and in connection therewith, render communications services between any point within the territorial boundaries of the Philippines, including but not limited to, the service of up-link the abovementioned messages from any point within the Philippines to a communications satellite in orbit in space and the service of down-linking such message from unlimited number of such satellites and transmission of such messages to any point within the Philippines, is hereby renewed for another twenty-five (25) years.