Section 1
SECTION 1. There is hereby granted to Marcos J. Villaverde, Jr. and Winfred E. Villaverde, residing at Tagcawayan, Quezon and Mauban, Quezon, Philippines respectively, their heirs, successors, and assigns, and hereunder referred to as the grantees, a franchise to construct, install, maintain and operate radio stations in the Philippines and at such places as the said grantees may select, and provincial telephone system in the Provinces of Quezon, Laguna, Batangas, Rizal, Catanduanes, Marinduque, Oriental and Occidental Mindoro, and the Bicol Region, subject to the approval of the Secretary of Public Works and Communications or any licensing authority, commercial radiotelephone and/or radiotelegraph communication stations and provincial telephone system, with corresponding relay stations in the interisland, maritime, aeronautical and international public services, and stations in the broadcasting, radiophoto, radioteletype, paging system, advertisement, facsimile and such other types and kinds of emissions within the Philippines and/or international areas, 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 grantees' station or stations.