News Articles on {?keyword?} | ABS-CBN News

Converge gets tax perks for broadband in remote areas

ABS-CBN News
Posted at May 18 01:12 PM

Converge said it has secured the approval of the Fiscal Incentives Review Board (FIRB) for tax incentives for its broadband rollout in remote areas until 2026. Read more »

Converge net income hits P1.97-B in Q1, up 27.2 pct

Jessica Fenol, ABS-CBN News
Posted at May 16 12:07 PM

Converge IT Solutions Inc on Monday said its net income reached almost P2 billion in the first quarter as Filipinos considered fiber connectivity a necessity. Read more »

SpaceX eyes Starlink ops in PH before June ends: DTI

ABS-CBN News
Updated as of May 03 10:53 AM

Elon Musk's SpaceX is eyeing to jump start its Starlink operations in the Philippines before the end of President Duterte's term in June, DTI said. Read more »

Globe inks deal for satellite broadband service for mobile phones

ABS-CBN News
Posted at Apr 29 11:54 AM

Globe Telecom on Friday said it has signed a memorandum of agreement with AST SpaceMobile Inc to bring the satellite broadband service to standard mobile phones in the country. Read more »

Duterte OKs Smart Broadband's franchise renewal, more licenses

ABS-CBN News
Posted at Apr 12 05:57 PM

President Rodrigo Duterte has signed laws renewing the franchises of 6 more firms, including Smart Broadband, Inc. and also granting licenses to some firms to build and operate their broadcast stations. Read more »

Converge prices P10 billion maiden bond offering

ABS-CBN News
Posted at Mar 29 11:07 AM

Converge ICT Solutions Inc on Tuesday said it has received regulatory approval for its first P10 billion peso-denominated fixed-rate bonds. Read more »

Starlink eyeing PH entry as telco foreign ownership eases: EU chamber

ABS-CBN News
Posted at Mar 22 11:38 AM

Elon Musk and his firm Space X's satellite broadband technology Starlink is eyeing to bring its services to the Philippines, European Chamber of Commerce in the Philippines president Lars Wittig told ANC, a day after President Rodrigo Duterte signed the measure amending the Public Services Act. Read more »

BSP backs use of satellite technology for financial inclusion, disaster resilience

Jessica Fenol, ABS-CBN News
Posted at Mar 22 10:06 AM

The Bangko Sentral ng Pilipinas on Tuesday said the use of satellite technology to expand broadband services would boost financial inclusion, as well as help banks in remote areas improve disaster resiliency. Read more »

Isko gets approval to tap Elon Musk for Manila internet

Katrina Domingo, ABS-CBN News
Posted at Mar 17 05:30 PM

Mayor Isko Moreno said he secured an approval to tap tech billionaire Elon Musk's satellite broadband service to improve the Manila's internet. Read more »

Converge residential subscribers up 63 percent in 2021

ABS-CBN News
Updated as of Mar 17 01:56 PM

Converge Information and Communications Technology Solutions Inc's net income reached P7.2 billion in 2021 as subscribers grew 63 percent. Read more »

SKY Fiber plan offers up to 75Mbps for 1.7k

ABS-CBN News
Posted at Mar 16 03:58 PM

SKY Fiber said it is offering fast and reliable home internet at affordable prices with its new Super Speed Plans. Read more »

PLDT posts P30.2-billion telco core net income in 2021

Jessica Fenol, ABS-CBN News
Posted at Mar 03 03:22 PM

PLDT Inc on Thursday said it posted a P30.2 billion net income in 2021 with its service revenues reaching an all-time high during the pandemic. Read more »

DITO unveils 5G wireless broadband, P13k starter kit

ABS-CBN News
Posted at Feb 28 02:35 PM

Third telco DITO Telecommunity said Monday it has begun the rollout of its 5G wireless broadband in select areas in the National Capital Region. Read more »

Starlink active in Ukraine as Russia invades: Musk

Hyunjoo Jin, Reuters
Updated as of Feb 28 12:25 AM

Elon Musk said Starlink satellite broadband service is available in Ukraine and more terminals will be available after Ukraine's internet was disrupted by Russia's invasion. Read more »

SKY Fiber offers faster speeds in new plans on Feb. 1

ABS-CBN News
Posted at Jan 31 09:39 PM

The new plans also come with free WiFi Mesh units to evenly distribute the internet signal around the house. Read more »

Philippine internet speeds improve in December: Ookla

ABS-CBN News
Posted at Jan 19 12:42 PM

The Philippines moved up in both mobile and broadband global performance rankings in December, according to the latest Ookla Speedtest Global Index. Read more »

AT&T and Verizon rebuff US request for new 5G delay

Agence France-Presse
Posted at Jan 03 08:33 AM

US telecom giants AT&T and Verizon sharply rebuffed a request from US authorities over the weekend to again postpone their rollout of 5G networks to allow more study of possible interference with flight safety equipment. Read more »

DITO eyes offering broadband services in early 2022

Jessica Fenol, ABS-CBN News
Posted at Dec 29 03:41 PM

DITO Telecommunity is eyeing to rollout broadband internet services in early 2022, an official of its parent DITO CME Holdings Corp (DCME) said. Read more »

Converge eyes 'slightly' higher 2022 capex

ABS-CBN News
Posted at Dec 29 12:07 PM

Converge ICT Solutions Inc on Wednesday said its capital expenditure for next year could be slightly higher compared to the 2021 spending program. Read more »

Globe extends due dates, suspends disconnection in Odette-hit areas

ABS-CBN News
Posted at Dec 28 05:23 PM

Globe Telecom said Tuesday it would extend bill rebates and payment due dates for Globe At Home and Globe Platinum and postpaid mobile customers in Odette-stricken areas. Read more »