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Altimax Broadcasting Company
Altimax Broadcasting Company (Altimax) is a media company co-owned by The Velarde Group and Bethlehem Holdings, Inc. (BHI, a subsidiary of the Globe Group Retirement Fund). Altimax's media businesses are direct-broadcast satellite (DBBS) and Multipoint Multichannel Distribution Service (MMDS) wireless cable TV and broadband.
==History==
In 1999, The Velarde Group and its holding investment firm Velarde, Inc. (VI), led by former SkyCable executive vice president Mel Velarde, acquired Altimax Broadcasting Company and its broadcast assets. With this, Altimax was transformed into a wireless broadband service by applying two licenses to the National Telecommunications Commission (NTC): Direct Broadcast Satellite (DBBS) two-way service license, and Multi-point Microwave Distribution Service (MMDS) license utilizing 48 MHz within the 2.5 GHz band. The two licenses were under the Provisional Authority (PA).〔(Mel Velarde's Biography )〕 Altimax's original headquarters were located at Espana Blvd., Sampaloc, Manila.
However, in 2005, NTC stopped and revoked Altimax's licenses amid questioning the PA and the providing services.〔(Altimax bid for license extension rejected )〕 Velarde sued NTC and, 2 years later, won the lawsuit which took legal protection for its licenses.
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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