Innove ends local telco’s 10-year-old hold on Subic

Inquirer

SUBIC BAY FREEPORT ZONE -- The recent entry here of Globe Telecom Inc. and its subsidiary, Innove Communications Inc., ended the decade-long hold of Subic Telecommunications Co. Inc. (SubicTel) at the free port.

The National Telecommunications Commission gave Innove a franchise to operate nationwide last year and the firm has since been expanding its network throughout the country, including Subic.

On Feb. 17 this year, the Subic Bay Metropolitan Authority (SMBA) gave Innove provisional authority to operate a local exchange telephone service and international and domestic leased line services in Subic.

SBMA Administrator Armand Arreza said Innove committed the sixth-largest investment in Subic in the first half of 2006, at $6.3 million.