Dominant network Philippine Long Distance Telephone Co. (PLDT) is cool to the idea of investing in Myanmar’s telecommunications industry, citing the high cost of entry and a competitive landscape that heavily favored locals.
The Globe Telecom 2011 Integrated Annual & Sustainability Report (ASR) has been conferred an Anvil Award by the Public Relations Society of the Philippines (PRSP).
The broadband postpaid business of Smart Communications Inc. grew by 132 percent last year from year-before level, according to broadband Internet and data services head Lloyd Manaloto.
Ayala-led Globe Telecom has tapped a Japanese bank to fund part of its nationwide network modernization for 2013, the company said on Thursday.
Finnish phone giant Nokia said Tuesday it had protested to the Indian government over a tax raid at one of its factories in South India, slamming the action as “excessive and unacceptable.”
Lopez-led Bayan Telecommunications Inc. reported strong revenue growth for 2012 on the back of its growing broadband Internet business.
Wireless provider Smart Communications edged out rival Globe Telecoms in the latest mobile network benchmarking of the National Telecommunications Commission but both firms passed all five parameters set by the telecom regulator.
Apple on Thursday reported that its quarterly profit climbed to $8.2 billion on revenue that rose to $36 billion on the backs of hot-selling iPhones and iPads.
The Philippine Long Distance Telephone Co. (PLDT) group’s P2.12-billion price tag for the third-generation (3G) wireless frequency held by one of its subsidiaries is too high and would restrict bidding for the precious asset to only the country’s biggest phone firms.
Nokia posted a deep second-quarter net loss Thursday of 1.41 billion euros ($1.74 billion), four times more than during the same period a year earlier and more than double the loss expected by analysts.
The country’s top conglomerates are now on a collision course to secure the rights to use the third-generation, or 3G, wireless frequency that will be freed up later this year.
The Ayala group has lined up another bond offering for the year to take advantage of the country’s highly solvent debt market to access cheap funds.
