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Nature and Scope of Franchise.
Subject to the provisions of the Constitution and applicable laws, rules and regulations, there is hereby granted to the TV Maria Foundation Philippines, Incorporated, hereunder referred to as the grantee, its successors or assigns, a franchise to construct, install, establish, operate and maintain for commercial purposes and in the public interest, television broadcasting stations in the Philippines where frequencies and channels are still available for television broadcasting, including digital television system, Internet Protocol-related services and Internet Protocol-value-added services, through microwave, satellite or whatever means, including the use of any new technology that in may hereafter or in the future be developed in the Geld of television broadcasting, with the corresponding technological auxiliaries and facilities, special broadcast and other program and distribution services and relay stations.
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