Upgraded 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 ArticleGOCCs, local gov’ts ordered to speed up processing of telco permits
MANILA -The government has mandated that permits related to construction of telecommunication and internet infrastructure be processed within seven days in a bid to speed up the rollout of networks...
View ArticleEdotco telco tower sharing in full swing by next year
MANILA -Telecommunication tower company (TowerCo) Edotco Group is aiming to house all of the mobile service providers under the same facilities by next year—a move that supports tower-sharing...
View ArticleNOW Telecom pushes 5G dreams
MANILA, Philippines —NOW Telecom intends to go for a broad expansion of its network and is pushing closer to its goal of rolling out 5G services after the National Telecommunications Commission...
View ArticlePLDT buys stake in Meralco unit, continuing expansion mode
MANILA, Philippines —After acquiring Sky Cable’s broadband business, PLDT Inc. is making another investment by purchasing a 34.9-percent stake in a Manila Electric Co. (Meralco)-owned telco for P2.12...
View ArticleScrap Congressional franchise requirement for telcos–Neda
MANILA, Philippines —Dismantling the legislative franchise requirement for telecommunication firms would help attract more players, creating healthy competition that could boost services, the...
View ArticleMaharlika keen to invest in rural telco towers
MANILA, Philippines —Maharlika Investment Corp. (MIC), the company managing the country’s nascent sovereign wealth fund, is in talks with potential foreign partners for a planned joint venture (JV)...
View ArticleConverge CEO joins global tech leaders at MWC Barcelona
About 80,000 global tech leaders converge in Barcelona this week for the Mobile World Congress (MWC) that is expected to focus on artificial intelligence, 5G and even 5.5G, and sustainability among...
View ArticleDITO group eyes P4.2 billion from follow-on offer to boost telecom unit
MANILA, Philippines — DITO CME Holdings Corp. intends to raise about P4.2 billion from a proposed follow-on offering, proceeds from which will fund the expansion of its telecommunication business at a...
View Article