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 Transpacific Broadcast Group International, 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, communications systems for the reception and/or transmission of messages, such as but not limited to voice, audio, data, facsimile, video and such other intelligence by radio, wire, satellite and other means now known to science or which in the future may be developed, and in connection therewith, render communications services between any point within the territorial boundaries of the Philippines, including but not limited to, the service of up-linking the abovementioned messages from any point within the Philippines to a communications satellite in orbit in outer space, and the service of down-linking such messages from twelve (12) such satellites and transmission of such messages to any point within the Philippines.