Results 31 to 35 of 35
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November 19th, 2008 06:28 PM #31
PLDT and its subsidiaries are making it hard for their competitors to make inroads into their market....
Business Mirror
November 19, 2008
[SIZE=3]CURE Renames Mobile Phone Brand
[/SIZE]
By Lenny Lectura
CONNECTIVITY Unlimited Resource Enterprise’s (Cure) mobile phone brand ümobile has been renamed [SIZE=3]Red Mobile [/SIZE]as the ad-funded mobile phone service provider nears completion of its network integration program with parent firm, Smart Communications Inc.
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BANNED BANNED BANNED
- Join Date
- Sep 2008
- Posts
- 185
November 20th, 2008 08:38 AM #32Regulators must check this development in the telecom industry....
Paging NTC!
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January 1st, 2009 02:25 PM #33
San Miguel and its foreign partner taking over Liberty Telecom.
The revitalized Liberty Telecom will target the high competitive celphone market.
This will bring real competition in the market with Globe-TM, Smart, Talk and Text-Red Mobile, Sun cellular and of course Liberty fighting it out in the wireless/broadband industry...
Good for the consumers!!
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July 17th, 2009 10:21 AM #34[SIZE=3]San Miguel, Ashmore sign
deal for Extelcom stake sale [/SIZE]
By Chino S. Leyco, Reporter
Manila Times
July 17, 2009
SOUTHEAST Asia’s largest food and beverage conglomerate said it has signed a deal to buy a stake in Express Telecommunications Co. Inc. (Extelcom) from its existing shareholder.
Extelcom was majority owned by Marifil Holdings, which is in turn owned by Bayan Telecommunications Inc. of the Lopez Group.But the Lopezes’ stake in Extelcom has been diluted from 46.62 percent to 8.39 percent after the debt-to-equity swap arising from the rehabilitation case.
SMC’s entry in the telecom industry is expected to raise the ante in an ongoing price war among Philippine Long Distance Telephone Co. (PLDT), Globe Telecom Inc. and Digital Telecommunications Phils. Inc. (Digitel).
Earlier, Ang said Extelcom would be merged with Liberty Telecom Inc. “to create a holding company,” to strengthen its entry in the high-growth telco industry.
SMC has partnered with Qatar Telecom (Qtel) for Liberty to offer wireless broadband, mobile, and mobile broadband businesses in the Philippines.
Ang also said that SMC and Liberty are in talks with various equipment suppliers on how to operate its telecom business. He earlier said Liberty would offer Internet broadband using the power lines of Manila Electric Co. “Once we agreed on the business model and the arrangement with [Qtel], we will immediately have to do a tender offer,” he said, adding that the telco’s business plan would be completed this month.
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July 17th, 2009 10:49 AM #35
The more real players, the merrier for competition... The better for us, consumers....
Not what we have today,- a couple of providers and their cohorts.....
8303:dishwash:
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Nissan Navara NP300