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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 Isla Cellular Communications, Inc., hereunder referred to as the grantee, its successors or assigns a franchise to construct, establish, install, maintain and operate for commercial purposes and in the public interest, mobile and fixed wireless telecommunications system such as cellular telephone system, personal communications network, radio trunking services and other means related to the foregoing now known to science or which in the future may be developed, throughout the Philippines, for public domestic and international telecommunications and to install corresponding transmitting and receiving stations at such places in the Philippines as it may consider necessary and convenient.
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