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

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

DTI-CPG reminds traders to comply with fair trade laws in doing business | Andrea E. San JuanThe Department of Trade and Industry (DTI) on Wednesday reminded business owners and establishments to disclose prices in compliance with fair trade laws. The DTI Consumer Protection Group (DTI-CPG) urges online and physical store owners to comply with the provisions under Republic Act 7394 or the Consumer Act of the…
Source: BusinessMirror - 🏆 19. / 59 Read more »