New PDF release: Colossal Deception: How Foreigners Control Our Telecoms

By Rigoberto Tiglao,Getsy Tiglao

A Case examine Of Corruption, Cronyism And Regulatory trap within the Philippines
By Rigoberto D. Tiglao

The e-book exposes one of many largest deceptions ever foisted at the Philippine kingdom, the entire domination of our telecommunications via foreigners and its planned concealment. it is a grave violation of the Philippine structure, a incontrovertible fact that used to be neglected by means of the Aquino management while it selected to facet with international pursuits rather than following a perfect courtroom order to prevent the international regulate of a strategic public utility.

While claiming to be majority-owned via Filipinos, the truth is that the largest stockholder of Philippine lengthy Distance cellphone Co., which operates clever Communications, is the Indonesian billionaire and previous Suharto crony Anthoni Salim along with his minor associate the large jap telco NTT. Globe Telecom's largest stockholder nevertheless is the Singaporean kingdom enterprise Singtel. With their profitable duopoly the international organizations have remitted out of the Philippines gargantuan gains totaling $9 billion from 2000 to 2015.

How are those international enterprises in a position to skip the constitutional restrict on international regulate of public utilities with little resistance from the Philippine physique politic? This booklet exposes the chicanery at the back of the purchase of the country's greatest organizations, the corruption and cronyism that had allowed this to take place, and the pernicious plot to amend the structure to perpetuate the overseas regulate of businesses over very important sectors of our economy.

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Colossal Deception: How Foreigners Control Our Telecoms Sector by Rigoberto Tiglao,Getsy Tiglao

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