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Duterte threatens to shut down, expropriate PLDT, Globe

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ABS-CBN News

President Rodrigo Duterte opened his penultimate State of the Nation Address by attacking the Lopez family, branding the owners of ABS-CBN as &quot;oligarchs&quot;, just weeks after his Congressional allies denied the network&#x27;s franchise renewal bid.But the president&#x27;s tirade did not stop there. He also took a swipe at Senate Minority Leader Franklin Drilon and threatened telco giant Globe and PLDT to improve their services or face closure or expropriation. - The World Tonight, ANC, July 27, 2020

President Rodrigo Duterte opened his penultimate State of the Nation Address by attacking the Lopez family, branding the owners of ABS-CBN as "oligarchs", just weeks after his Congressional allies denied the network's franchise renewal bid.

President Rodrigo Duterte opened his penultimate State of the Nation Address by attacking the Lopez family, branding the owners of ABS-CBN as "oligarchs", just weeks after his Congressional allies denied the network's franchise renewal bid.