No disruption seen to SpaceX investment after administration steps down, DTI says - BusinessWorld Online

“Satellite services have been opened up by EO 127. Before this EO was issued, there was a franchise requirement for satellite services. But now, has also been liberalized. There is no need for a franchise anymore,” Trade Secretary Ramon M. Lopez said in a television interview on Thursday.“The change in administration will not affect the of SpaceX,” Mr. Lopez said.Mr.

“SpaceX will benefit areas that are not reached by existing telecommunication providers. The company will just install a dish and the service will be available,” Mr. Lopez said. The DTI has said that SpaceX is hoping to install the first of three planned gateways before the end of President Rodrigo R. Duterte’s term on June 30.Revin Mikhael D. Ochave

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