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March 31st, 2011 03:33 AM #31And after the ink has dried..we will then see Willy Revillame become the next model for Smart/Sun, kidding aside...its a strategic move by MVP...who really knows what his end game is...only time will tell. He might be trying to offset SMB's entry into the telcom market.
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March 31st, 2011 12:02 PM #34
Baka may promo sila one time: Talk under the Smart Sun all day...
nyahaha
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March 31st, 2011 12:10 PM #35
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March 31st, 2011 07:03 PM #37
http://newsinfo.inquirer.net/inquire...s-texts-feared
End of unlimited calls, texts feared
By Doris Dumlao, Paolo Montecillo, Gil C. Cabacungan Jr.
Philippine Daily Inquirer
First Posted 04:03:00 03/31/2011
MANILA, Philippines—The return of telecom duopoly in the country can shore up profits for leading players Philippine Long Distance Telephone Co. (PLDT) and Globe Telecom and may spell cutbacks in the industry’s offering of unlimited voice and text messaging services to consumers, lawmakers said Wednesday.
The stellar rise in the stock prices of PLDT and Globe Telecom after the deal was announced indicated a growing perception that with Digitel now out of the way, the two companies can now collect higher prices for their services.
In one of the internal memos issued by Globe management to employees when the PLDT-Digitel deal was announced on Tuesday, the Ayala-led telecom unit said one potentially good outcome was that “PLDT is seen to carry the cost of bringing rationality back to the market by paying for this acquisition and that Globe is seen to benefit from it as profitability remains in a more stable and consolidated market.”
Another internal Globe memo obtained by the Philippine Daily Inquirer said: “We might find ourselves competing in a more rational marketplace with better margins as the new opposition could decide to scale back on the unlimited propositions that undermine industry.”
Consumers are indeed now concerned over what the deal might mean for Sun Cellular’s unlimited and bucket-priced call and text services that the public enjoys.
Sun Cellular introduced unlimited call and text services for fixed monthly fees into the Philippine market, forcing its competitors—Smart of PLDT and Globe Telecom—to follow suit, resulting in lower profits.
With the deal, PLDT is expected to have a 70-percent market share in the country’s competitive telecom industry both in terms of revenue and subscribers. Globe Telecom has the remaining 30 percent.
With the PLDT group now controlling the bulk of the market, the pricing power of Globe Telecom has just weakened, said Campos Lanuza & Co. head of research Jose Mari Lacson.
“Selling Globe may be a possibility now if the Ayala Group wants to extract the remaining value in the company. They may also opt to fight it out, but that will require extra resources, which they or their partner, Singapore Telecom, may not be willing to shell out just yet,” Lacson said.
NTC Commissioner Gamaliel Cordoba declined to comment on the deal, saying that the regulator had yet to receive an application to approve the PLDT buyout. The NTC’s green light is required because a franchise given by Congress will change hands.
Challenge to San Miguel
San Miguel Corp. (SMC), which aims to be a major telecom player after forging a joint venture with Qatar Telecom to launch the Wi-Tribe brand, thinks the industry still has space for a third strong player.
“SMC is now in full-swing to build a brand new mobile broadband network that will be robust and reliable. Our network will address voice and data capacity, which we all know is very much congested resulting in rampant dropped calls and slow data speeds,” San Miguel president Ramon S. Ang said.
“Be a little more patient, our services will soon make a huge difference,” he added.
Analyst Lacson said SMC would be affected both positively and negatively by the deal. “The negative is that Liberty will have a tougher time now that the market space just became smaller for the telecom contenders. With its strategic direction currently uncertain given the loss of its top executive [Anastacio Martirez], we wonder how Liberty will try to position itself in this new environment.
“The positive, however, is that San Miguel’s financial strength has increased relative to its perceived rival, First Pacific/PLDT Group. First Pacific has given up a sizable chunk of its equity in the PLDT Group, which weakens its balance sheet to a degree,” Lacson said.
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March 31st, 2011 07:14 PM #38
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March 31st, 2011 09:05 PM #39
right now pera ng mga Indonesian ang pumapasok thru MVP to gobble up businesses, wait for influx of money coming from the middle east now thru SMB.
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March 31st, 2011 10:25 PM #40
speaking of Indonesians, grabe super yaman ng mga Indonesian billionaires
walang sinabi mga pinoy billionaires
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