South Korean tycoons pay tribute to late Samsung chief
SEOUL — South Korea’s billionaire business leaders lined up Monday to pay respects to the late Samsung Electronics chairman Lee Kun-hee, for decades the country’s richest and most powerful...
View ArticleDito says telco network is ready as 1st audit begins
MANILA, Philippines — Telecommunications startup Dito Telecommunity said on Thursday it expects to pass the mandated audit of its network that begins this week. This will be the first official test of...
View ArticleThird telco Dito’s franchise bid reaches Senate plenary
MANILA, Philippines — The franchise renewal of Dito Telecommunity as well as several other telco and broadcast franchise bills have reached the Senate floor for plenary deliberations. “We recognize...
View ArticleFrench telecoms tycoon Niel buys 2.5% stake in Vodafone
LONDON -French billionaire telecoms executive Xavier Niel, the founder and majority owner of Iliad, has bought a 2.5-percent stake in Britain’s Vodafone through an investment vehicle. The vehicle –...
View ArticleEdgePoint open to acquiring more PLDT cell towers
EdgePoint Infrastructure is open to acquiring more tower assets of Manuel Pangilinan-led PLDT Inc. as it ramps up its local portfolio, banking on the growing demand for connectivity in the country....
View ArticleAnti-red tape body vows to speed up telco permits
The Anti-Red Tape Authority (Arta) is pushing for more reforms to speed up the permitting process for telecommunication companies, as the number of fixed and wireless infrastructure build-out...
View ArticleSIM card registration law: A litmus test for PH telcos
The main agenda of SIM (subscriber identity module) card registration is to curb the proliferation of text scams. But there appears an unintended repercussion: it can further heat up the already...
View ArticleUpgraded growth goal lifts Philippine shares
Philippine shares rebounded on Wednesday as telecommunications and internet stocks outperformed while foreign investors continued to pile into the market. The benchmark Philippine Stock Exchange index...
View ArticleTelcos vow to keep pace with advancing tech
The telecommunications industry has come a long way from its initial role of just providing a link for phone calls and text messages. The advancement of technology through the years has enabled more...
View ArticleRevolutionizing telecommunication sector’s role in PH digital transformation
In meeting its long-term potential, the Philippines is expected to achieve an average annual economic growth rate of 5.6 percent over the next two years. However, inflation will be a challenge this...
View ArticlePLDT to expand fiber optic network
Philippine Long Distance Telephone Co. is rolling out over 5,000 kilometers of new fiber optic cable this year to support both wireless and fixed-line services across the country.
View ArticleGlobe posts 9% rise in core earnings
Globe Telecom Inc. reported an improvement in core earnings, which removes non-recurring charges and foreign exchange losses, during the first nine months of 2013.
View ArticlePLDT completes P1B Palawan fiber optic link
Philippine Long Distance Telephone Co., the country’s largest telecommunications provider, has completed a 620-kilometer fiber optic project linking Palawan province to its broader network infrastructure.
View ArticlePLDT out to help family-driven ‘minigosyantes’
PLDT KaAsenso, the telecommunication leader’s microentrepreneurship arm, is jump-starting the year with a clearer vision and a bigger mission for the country’s grassroots entrepreneurs.
View ArticleBiz Buzz: Landlord versus homeowners
DEPENDING on which side you hear from, the property developer is either an unreasonable landlord or one that’s only asserting its right to property and to “ensure tranquility and security” in the...
View ArticleCompetition in telecommunications
IF PLANS do not miscarry, a third major player may soon challenge the duopoly of PLDT and Globe Telecom in the country’s lucrative telecommunications market.
View ArticleAyala Corp. cites gains across core businesses
Conglomerate Ayala Corp. said earnings in the first nine months of 2015 rose as it cited gains across its telecommunications, real estate and banking units, apart from a non-recurring gain realized in...
View ArticlePLDT completes P6-B, multi-year transition to IP-based system
Philippine Long Distance Telephone Co., the country’s biggest telecommunication services provider, said customers could expect better digital services following the completion of a multi-year...
View ArticlePLDT secures 7.5% stake in iflix
Local telecommunication giant Philippine Long Distance Telephone Co. has converted a $15-million investment in iflix, Southeast Asia’s leading Internet TV service provider, into a 7.5-percent equity.
View ArticleAyala group sets P174-B capex budget for 2016
Conglomerate Ayala Corp. has set a record-high group-wide capital spending budget of P174 billion for this year to fund new power generation and property projects and boost telecommunication business.
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