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Globe, PLDT trade barbs over Bayan deal

The Ayala group’s Globe Telecom Inc. disputed the stand of rival Philippine Long Distance Telephone Co. that the frequencies of Bayan Telecommunications—which Globe is in the process of acquiring—should be auctioned off as it called for the case to be dismissed.

Posted: November 5th, 2014 in Headlines | Read More »

ABS-CBN unit to switch off wireless landline service

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A unit of ABS-CBN Corp. is set to discontinue a wireless landline service under the brand bayanPhone Extra on May 16 as it switches to a new platform, according to a published notice issued yesterday.

Posted: April 16th, 2014 in Headlines | Read More »

Bayan rehab ‘best in judicial history’

Bayan Telecommunications Inc. said there would likely be no lay-offs following its takeover by the Ayala Group’s Globe Telecom, a statement on Friday showed.

Posted: November 10th, 2013 in Headlines | Read More »

Bayan 2012 revenue up 8% to P5.2B

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Bayan Telecommunications

Lopez-led Bayan Telecommunications Inc. reported strong revenue growth for 2012 on the back of its growing broadband Internet business.

Posted: February 8th, 2013 in Latest Business Stories | Read More »

Globe gets 92.9% of Bayan debt at end of tender offer

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Globe Telecom has secured a foothold in financially distressed Bayan Telecommunications Inc. with the completion of its tender offer for the Lopez-led firm’s shares.

Posted: December 21st, 2012 in Headlines | Read More »

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