About this document
Gamboa vs. Teves: PTIC Share Sale Case by Earl Harry is a document available to read on EtoBox.
The document is a Supreme Court decision regarding a petition filed by Wilson P. Gamboa challenging the sale of shares of the Philippine Telecommunications Investment Corporation (PTIC) by the Philippine government to Metro Pacific Assets Holdings, Inc. (MPAH). Gamboa argues that this sale violates the constitutional limit on foreign ownership of public utilities, as it increases foreign ownership in the Philippine Long Distance Telephone Company (PLDT) beyond the allowed 40%. The Court partially grants the
- Author
- Earl Harry
- Language
- EN