Stay updated with breaking news from Local Multi Point Distribution System. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
In its Board Meeting held on October 3, 2022, the Board of Directors of PSE-listed NOW Corporation authorized the management to initiate negotiations with News and Entertainment Network Corporation (NEWSNET) to acquire equity ownership in NEWSNET, an interactive pay television and multimedia service
The Anti-Red Tape Authority (ARTA) has denied with finality News and Entertainment Network Corporation’s (Newsnet) Motion for Reconsideration (MR) seeking the reversal of ARTA’s 17 June 2022 Resolution which vacated the 12 February 2020 Declaration of Completeness and Order of Automatic Approval in
MANILA - The Anti-Red Tape Authority has denied with finality the motion for reconsideration (MR) filed by the News and Entertainment Network Corporation (Newsnet) seeking the reversal of a resolution that cancels its declaration of completeness and order of automatic approval. In a resolution dated Aug. 22, ARTA said it has considered all the arguments of the parties in the light of the Secretary of Justice (SOJ) Resolution dated July 9, 2021 in OSJ Case No. 01-2020, "which has already become final and executory." "Having already endorsed to National Telecommunications Commissi...
MANILA - The National Telecommunications Commission (NTC) asked the Court of Appeals to reverse its decision granting the petition filed by the News and Entertainment Network Corporation (Newsnet) compelling it to comply with the Anti-Red Tape Authority's (ARTA) declaration of completeness and order of automatic approval in favor of the network. In its motion for reconsideration made public Wednesday, the NTC, represented by the Office of the Solicitor General (OSG), pointed out to the court that there was no more ARTA order to implement since the ARTA has already reversed itself in an ord...
Office of the Solicitor General Government lawyers have asked the Court of Appeals (CA) to reverse its ruling that directed the National Telecommunications Commission (NTC) to comply with the Anti-Red Tape Authority’s (ARTA) order for the automatic approval of the application of News and