H. No. 5928 / 58 OG No. 2, 204 (January 8, 1962)
"SECTION 1. There is hereby granted to the Ang Tibay, Inc., its successors or assigns, a franchise to construct, maintain and operate in the Philippines, at such places as the said corporation may select, subject to the approval of the Secretary of Public Works and Communications, private fixed point-to-point and land based and land mobile radio stations for the reception and transmission of wireless messages on radiotelegraphy or radiotelephony, each station to be provided with radio transmitting apparatus and a radio receiving apparatus."
"SEC. 3. The grantee, its successors or assigns, shall not engage in domestic business of telecommunications in the Philippines, it being understood that the purpose of this franchise is to secure to the grantee the right to construct, install, maintain and operate private fixed point-to-point and land based and land mobile radio stations in such places within the Philippines as the interest of the grantee may justify."
"SEC. 10. This franchise shall be subject to amendment, alteration or repeal by the Congress of the Philippines when the public interest so requires, and shall not be interpreted as an exclusive grant of the privilege herein provided for."
"An Act granting the Ang Tibay, Inc., a franchise to construct, maintain and operate private fixed point-to-point and land based and land mobile radio stations for the reception and transmission of radio communications within the Philippines."