Streamtech Telecom Franchise Grant

Stations/facilities must minimize interference with existing or future lawfully established stations.
Must preserve grantee's privileges to use assigned frequencies/wavelengths without diminishing transmission/reception quality.

Grantee must secure a Certificate of Public Convenience and Necessity, and obtain appropriate permits and licenses from NTC.
NTC may impose conditions on construction, operation, maintenance, or service level.
NTC has regulatory authority over grantee's telecommunications systems including frequency use.
Permit issuance should not be unreasonably withheld or delayed.

Grantee may excavate or lay conduits in public areas with prior approval from DPWH and local government units (LGUs).
Must restore disturbed public infrastructure according to DPWH/LGU standards.
Failure to restore within 10 days of notice allows DPWH/LGU to conduct restoration and charge grantee double the costs.

Operation must adhere to honest enterprise ethics; prohibits obscene transmissions, false information, or assistance in subversive/treasonable acts.
Stations and equipment must be maintained in satisfactory condition and upgraded as technology advances.
Service improvements prioritized in underserved and disaster-prone areas as determined by relevant councils.
Compliance with "The Free Mobile Disaster Alerts Act" ensured through equipment and service upgrades.

Charges for telecommunication services are subject to NTC approval, except for services that may be deemed nonregulated in the future.

Radio spectrum is a national patrimony; use is a privilege, revocable after due process.
The President may temporarily suspend operation of stations or authorize government use during emergencies with due compensation.

Franchise valid for 25 years from effectivity.
Ipso facto revocation if grantee fails to:
- Commence operations within 1 year of NTC permit approval;
- Commence operations within 3 years from effectivity of the act;
- Operate continuously for 2 years.

Grantee must create employment and allow on-the-job training prioritizing residents near its offices.
Must comply with applicable labor laws and reflect employment data in annual Securities and Exchange Commission submissions.

Grantee liable for taxes on real estate, buildings, and personal properties like other corporations.
Radio and electronic communication equipment related to business exempt from customs duties and other taxes.
Subject to value-added tax on gross receipts under the franchise but exempt from other local/national taxes.
Income tax liability continues as per existing laws.
Tax filings and audits governed by Bureau of Internal Revenue.

Grantee must post a bond with NTC to guarantee compliance with franchise conditions.
Bond release after 3 years of compliance; forfeiture and franchise revocation otherwise.

Authorized to connect telecommunications systems with other duly authorized entities.
Interconnection terms subject to mutual agreement and NTC review.

Grantee shall hold national and local governments free from claims or liabilities arising from accidents during operations or construction.

Prohibits sale, lease, transfer, assignment, or granting usufruct of the franchise or controlling interest without prior Congressional approval.
Any transferee subject to the same franchise terms.

Must offer at least 30% of outstanding capital stock to Filipino citizens within 5 years from operation commencement.
Alternative public participation methods if public offering is not applicable.
Failure to comply leads to ipso facto revocation.

Annual report on franchise compliance and operations to be submitted to Congress committees each April 30.
NTC requires congressional reportorial compliance certificate prior to issuing permits or certificates.

Failure to submit reports results in a fine of P1,000,000 per working day after other franchisees are covered.
Interim fine of P500 per working day applies beforehand.
Fines collected by NTC and remitted to National Treasury.

Any advantages granted under existing or future franchises also apply to the grantee, to the extent not affecting territory, franchise lifespan, or service type.

Franchise subject to amendment, alteration or repeal by Congress in public interest.
Not an exclusive privilege.

Conflicting laws, decrees, executive orders, and regulations are repealed or modified accordingly.

Law takes effect 15 days after publication in Official Gazette or newspaper of general circulation.