G.R. No. 147324| May 25, 2004 PHILIPPINE COMMUNICATIONS SATELLITE CORPORATION, (Philcomsat) petitioner, vs GLOBE TELECOM, INC. (formerly and Globe Mckay Cable and Radio Corporation), respondents. Case summary: Facts: 1. On 07 May 1991, Philcomsat and Globe entered into an Agreement whereby Philcomsat obligated itself to establish, operate and provide an IBS Standard B earth station (earth station) within Cubi Point for the exclusive use of the USDCA. 2. The term of the contract was for 60 months, or five (5) years. 3. In turn, Globe promised to pay Philcomsat monthly rentals for each leased circuit involved. 4. At the time of the execution of the Agreement, both parties knew that the Military Bases Agreement between the Republic of the Philippines and the US (RP-US Military Bases Agreement), which was the ba...
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