Let’s take a look at the NTC’s approval of Globe and Smart’s co-use of the 700MHz frequencies of BellTel. As you may already know, Smart and Globe’s access to these frequencies resulted from their purchase of the telecoms business of SMC. In approving the use, the NTC set the following conditions: Immediately commence and implement this co-use agreement; Increase capacity, i.e. broadband and internet access speed, within one (1) year and submit a progress report on the matter