NTC has sought the assistance of three independent auditors to determine the value of the 3G spectrum of CURE that has been surrendered by PLDT to the government. The regulator has completed the terms of reference for the auction of the 3G spectrum and is now seeking the help of three independent auditors to determine the value of the licence. These auditors will then study the nature, validity, and computation of the associated funding cost and submit a report to NTC and PLDT. The PLDT Group seeks to obtain PhP 2.215 billion from the sale of CURE’s 3G spectrum.
