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, there is hereby granted to R.C. Yulo Telephone System, Inc., hereunder referred to as the Grantee, its successors or assignees, under Republic Act No. 8348, to construct, install, establish, operate, and maintain for commercial purposes and in the public interest in the municipalities of Binalbagan, Hinigaran, Pontevedra, Isabela, Murcia and the City of Himamaylan in the Province of Negros Occidental, wire and wireless telecommunications systems, copper, fiber optics, satellite transmit and receive systems, switches and their value-added services such as the transmission of voice, data, facsimile, control signs, audio and video, information services and all other telecommunications system technologies as are present available or will be made available through technological advances or innovations in the future; or construct, acquire, lease, and operate, or manage transmitting and receiving stations, lines, cables, or systems as are convenient or essential to efficiently carry out the purpose of this franchise, is hereby renewed for another twenty-five (25) years.