The decision of the National Telecommunications Commission to order the country’s telecommunications companies to refund millions of subscribers from overcharged text messaging services since December 2011, was welcomed by Party list Rep. Teddy Casiño yesterday, a press release from his office said.

Casiño, author of the proposed Mobile Phone Subscribers Act in Congress, said the order was long overdue and should have been implemented a year ago, the press release said.

Estimates of the amount to be refunded by Smart Communications, affiliate Sun Cellular and Globe Telecom to their subscribers range from P1.4 billion to as much as P7 billion, the press release also said.

The telcos can refund subscribers by extra prepaid loads and rebates for those with postpaid, he said.

Globe’s net income for the period was at P8.7 billion, the press release added.*

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