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 the Central CATV, Inc., hereunder referred to as the grantee, its successors or assigns, a franchise to construct, establish, install, operate and maintain for commercial purposes and in the public interest, community antennae television systems in the different provinces, cities and municipalities in the Philippines and between the Philippines and other countries and territories, through the reception of audio, visual and other signals of the different national and local television and radio stations in the Philippines, and those of foreign television, radio and other stations, including pay tv, and the distribution or transmission of the same to homes, offices, condominiums, subdivisions, hotels, restaurants, and other residential, commercial and industrial structures within and outside of the Philippines by means of electromagnetic waves, optics or any kind of energy, force, variations or impulses, radiated through space or transmitted through any other medium as may be allowed by law and are at present available or will be made available through technological advances or innovations in the future; to originate, distribute, transmit and receive through said systems, news and documentaries, entertainment, informational and educational radio and television programs, both live and recorded; and to establish, construct, maintain and operate such other systems as are essential or convenient to carry out the purpose of this franchise.1aшphi1