Section 1
SECTION 1. The Pepsi-Cola Bottling Company of the Philippines, Inc., is hereby granted a franchise to establish, operate and maintain private fixed point-to-point, private coastal, and land-based and land-mobile radio stations in Quezon City and in such places within the Philippines where it operates its business and/or the interest of its trade and business activities may justify, subject to the approval of the Secretary of Public Works and Communications, for the transmission and reception of wireless Messages on radiotelegraphy or radiotelephony to and from said stations.