The Supreme Court has upheld a decision by the Court of Appeals denying the petition of NOW Telecom Company Inc. to stop the National Telecommunications Commission from implementing provisions of a memorandum circular on becoming a new major player in the telecommunications industry.
Likewise, it also assailed Section 3, which provides for the covered and contingent radio frequencies to be assigned to the NMP, for violating its alleged vested right to be allocated radio frequencies as holder of a legislative and administrative franchise to operate a telecommunications facility.
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