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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 Derecho Telecommunications, Inc., hereunder referred to as the Grantee, its successors or assignees, a franchise to construct, install, establish, operate and maintain, for commercial purposes and in the public interest, in the Philippines, wired and wireless telecommunications systems, including internet access, through copper, fiber optics, satellite systems, switches and all other telecommunication system or information and communications technologies as are at present available or will be made available through technological advances or innovations in the future, and other telecommunications services, value-added services, including internet access service, or other electronic communication services such as the transmission and reception of voice, data, facsimile, control signs, audio and video information services; or to construct, acquire, lease, and operate, or manage transmitting and receiving stations, lines, cables, or systems as are convenient and essential to efficiently carry out the purpose of this franchise.
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