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 Panay Telephone (Pantelco II) Corporation II, hereunder referred to as the grantee, its successors or assigns, a franchise to construct, install, establish, operate and maintain for commercial purposes and in the public interest, local exchange network, including public calling stations or pay telephone stations or wireless local loop and their value-added services in the City of Passi, municipalities of Calinog, Lambunao, Dueas, San Rafael, San Enrique and Pototan, all in the Province of Iloilo, including the municipalities of San Jose de Buenavista, Hamtic, and the Municipality of Tapaz, province of Capiz, and for such purpose provide basic telephone service capable of accessing local, national, international and other networks.