Section 1Sec./Art. 1

Nature and Scope of Franchise.- Subject to the provisions of the Constitution and applicable laws, rules and regulations, there is hereby granted to Meridian Telekoms, Inc., presently known as Smart Broadband, Inc., under Republic Act No. 8337, hereunder referred to as the Grantee, its successors or assignees, to construct, install, establish, maintain, lease and operate, for commercial purposes and in the public interest, throughout the Philippines and between the Philippines and other countries and territories, wire or wireless telecommunications systems including mobile, cellular, fixed line, trunked radio, fiber optics, multi-channel multi-point distribution system (MMDS), local multi-point distribution system (LMDS), satellite transmit and receiving systems, switches, and value-added services such as transmission of voice, data, images, facsimile, control signs, audio and video, information services, and all other telecommunications systems technologies as are at present available or will be made available through technological advances or innovations in the future; or construct, acquire, lease, and operate or manage transmitting and receiving stations, landing stations of submarine cables, lines, systems, or other cables as it may consider necessary and convenient to efficiently carry out the purpose of this franchise, is hereby renewed for another twenty-five (25) years.