Norwegian Telenor Group is in talks with potential partners in the Philippines.
Telenor Group hopes that the Philippine government will choose them in their search for the third player in the Philippine telco industry, according to Business World.
Deputy director for regional operations of Telenor, Shanshil Ahmed Shibly, says the Philippines is an interesting market for Telenor because of its size:
“We are already doing very good business in Malaysia, Thailand, Bangladesh, Pakistan and Myanmar. The Philippines market also has very good potential,” he says.
Telenor is one of several foreign companies the Department of Information and Communications Technology in the Philippines has identified as prospective bidders in its initiative to find a third telco player.
The winner will be selected based on its highest committed level of service, divided into three categories: annual population coverage for 40%, average broadband speed for 25% and annual combined capex and opex for 35%.
The government is targeting to name the winning bidder by December. The deadline for submission of bids will be on Nov. 5.