Engineering Board Exam Reviewer · ECE · medium
Under RA 11659 (2022), which amended the Public Service Act, telecommunications services are:
- Classified as public utilities restricted to 40% foreign ownership
- Owned exclusively by the government
- Prohibited for private companies
- No longer classified as public utilities, allowing greater foreign ownership subject to conditions
Answer
D. No longer classified as public utilities, allowing greater foreign ownership subject to conditions
Solution
The amendment narrowed the definition of 'public utility', subject to safeguards for critical infrastructure.
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