AN ACT EXTENDING THE TERM OF THE FRANCHISE GRANTED TO THE PHILIPPINE LONG DISTANCE AND TELEPHONE COMPANY UNDER ACT NUMBERED THREE THOUSAND FOUR HUNDRED AND THIRTY-SIX, AS AMENDED BY COMMONWEALTH ACT NUMBERED FOUR HUNDRED AND SEVEN, AND FOR OTHER PURPOSES.

AN ACT FURTHER AMENDING ACT NO. 3436, AS AMENDED, ENTITLED "AN ACT GRANTING THE PHILIPPINE LONG DISTANCE TELEPHONE COMPANY A FRANCHISE TO INSTALL, OPERATE AND MAINTAIN A TELEPHONE SYSTEM THROUGHOUT THE PHILIPPINE ISLANDS," CONSOLIDATING THE TERMS AND CONDITIONS OF THE FRANCHISE GRANTED TO THE PHILIPPINE LONG DISTANCE TELEPHONE COMPANY, AND EXTENDING THE SAID FRANCHISE BY TWENTY-FIVE (25) YEARS FROM THE EXPIRATION OF THE TERM THEREOF AS PROVIDED IN REPUBLIC ACT NO. 6146.