Telcos file appeal against Php7B SMS refund

Since late 2011, the SMS rates of telcos should have been at Php0.80USD 0.01INR 1EUR 0.01CNY 0.10 per text message as ordered by the National Telecommunications Commission. Failing to comply, local telcos have been required by the NTC to refund the multibillion-peso amount to their subscribers. Now, said telcos have approached the Court of Appeals to stop the Php7USD 0.12INR 10EUR 0.11CNY 0.87 billion refund and the reduced rate of Php0.80USD 0.01INR 1EUR 0.01CNY 0.10.

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Earlier this month, the NTC has junked the telcos’ motions for reconsideration, and now they are applying for a temporary restraining order (TRO) against the refund.

We wondered how telcos can possibly refund the multi-billion peso amount to the subscribers a few weeks ago, and we have an article dedicated for that right here.

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Bob Freking

Bob Freking occasionally contributes articles to the website. He is a UST Graduate of Commerce & Business Administration, Major in Marketing Management, and a full-time Sith Lord with three dragons.

9 Comments

dez says:

11 years ago

7 billion? wala lang yan sa dalawang telco. buti nga pinasuli yung pera ng tao. mga potaenang mangnanakaw mga yan.
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Hen-Sheen says:

11 years ago

Capitalist Philippines. Royalty Fess for everyone; Hip, Hip, Hooray!

GS says:

11 years ago

Putangina mga Telco ang kakapal ng mukha nyo. May pagapela pa kayong naiintindihan. Next step for the NTC is to mandate all telcos to adjust their VERY overpriced internet plans here.
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phonebuddy says:

11 years ago

As if may power naman ang NTC. Tsk. Goodluck sa refund. At kahit anong batas ng NTC. Baka sila pa ang sumunod sa regulation ng mga network.
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Rainbow Rat says:

11 years ago

I don’t think that they can refund the money. Just invest it in better service and lower service plans for both prepaid and postpaid. Pagandahin sana yung infrastracture para bumilis ang internet at makinabang ang nakararami.

I wonder what happened to San Miguel’s plan to be one of the telephone industry players…
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Bayaw says:

11 years ago

telcos are way too greedy to let go. the 7B PHP questions are, when and how are they going to return this as soon as possible?
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EXPIRE says:

11 years ago

ANG DAYA RIN NGA EH NAG EEXPIRE ANG LOAD
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bern says:

11 years ago

how they would able to refund 7 billion SMS refund to million subscriber? there are already a huge number of prepaid and postpaid numbers that are no longer active or were already recycled.
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Justin says:

11 years ago

It’s all a scam. NTC pressures telcos to refund Php7B. Telcos pay off high ranking NTC officials for Php several millions. NTC stays quiet.

Sige, umasa pa kayo. Tutal, libre naman managinip.
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