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NYSE to delist 3 Chinese telecoms in dizzying about-face

John McCrank and Anirban Sen, Reuters
Posted at Jan 07 02:27 PM

The New York Stock Exchange said on Wednesday it will delist three Chinese telecom companies, confirming its latest U-turn on the matter a day after U.S. Treasury Secretary Steve Mnuchin told the NYSE chief he disagreed with an earlier decision to reverse the delistings. Read more »

China securities regulator says NYSE delistings 'political', impact 'limited'

Reuters
Updated as of Jan 04 02:36 PM

China's securities regulator on Sunday said New York Stock Exchange (NYSE) plans to delist three Chinese telecom firms are "political" and that the impact will be "limited". Read more »

China telecom firms slide after New York delisting as oil giants fret

Agence France-Presse
Posted at Jan 04 12:22 PM

Shares in China's big three state-owned telecom companies slid in Hong Kong Monday during the first day of trading since the New York Stock Exchange announced it was delisting the firms.   Read more »

Beijing protests over move to delist Chinese telecoms firms from New York Stock Exchange

Catherine Wong, South China Morning Post
Posted at Jan 03 08:23 AM

China Telecom, China Mobile and China Unicom Hong Kong will be removed from the NYSE to comply with an executive order from Donald Trump. The Commerce ministry in Beijing says US is abusing national security concerns and vows to safeguard the firms’ interests. Read more »

Launching in 160 days? DITO readies stores, SIM cards for March 2021 debut

Jessica Fenol, ABS-CBN News
Updated as of Oct 29 02:38 PM

Third telecommunications player DITO Telecommunity said Thursday it would start building physical stores in "major malls" nationwide as it gears up for its March 2021 commercial launch. Read more »

DITO picks US firm as cybersecurity solutions provider, says 'fortunate' with China Telecom on board

Jessica Fenol, ABS-CBN News
Posted at Sep 17 03:34 PM

DITO Telecommunity said Thursday it was "fortunate" to have China Telecom as partner for its third telco rollout calling espionage concerns "misplaced" and bringing in a US firm as cybersecurity provider. Read more »

Third telco DITO says first year target on towers completion on track, seeks 'trust' on AFP deal

Jessica Fenol, ABS-CBN News
Updated as of Sep 17 04:38 PM

DITO Telecommunity on Thursday said it was on track to complete its initial first year commitment of 1,300 towers by October, as the third telco player appealed to "put some trust" on its existing agreement with the Armed Forces of the Philippines. Read more »

Third telco DITO assures facilities won't be used to obtain 'classified' information

ABS-CBN News
Posted at Sep 09 01:00 PM

Third telco player DITO Telecommunity said Wednesday its equipment, devices and structures to be constructed within military camps would not be sued to obtain classified information from the armed forces. Read more »

House approves third telco DITO Telecommunity's 25-year franchise

ABS-CBN News
Posted at Aug 25 09:34 AM

The House of Representatives on Monday approved a bill granting a fresh 25-year franchise to third telco player DITO Telecommunity formerly known as Mislatel. Read more »

Third telco player DITO hastens rollout, set to 'launch soonest'

ABS-CBN News
Posted at Jul 28 02:36 PM

Third telecommunications player DITO Telecommunity said Tuesday it "shared" the connectivity concerns raised by President Rodrigo Duterte during his 5th State of the Nation Address (SONA).   Read more »

DITO remains 'on track' with March 2021 launch despite audit delay

Jessica Fenol and Warren De Guzman, ABS-CBN News
Updated as of Jul 03 01:31 PM

DITO Telecommunity said Friday it was still "on track" to meet its commercial launch in March 2021 despite delays in its technical audit originally set this month. Read more »

US Senate faults oversight of Chinese telecom companies

David McCabe, The New York Times
Posted at Jun 09 10:20 PM

WASHINGTON — Senate investigators said Tuesday that government officials had “exercised minimal oversight” of the risks posed by three Chinese telecom companies that operate on US communications networks. Read more »

Third telco 'on track' to meet deadlines despite pandemic: DICT

ABS-CBN News
Updated as of Apr 16 10:42 AM

Third telco DITO is "on track" to meet its commitments despite the 6-week lockdown of millions in Luzon to curb the coronavirus pandemic, the Department of Information and Communications Technology said Thursday.    Read more »

DITO can meet third telco deadlines despite coronavirus: official

ABS-CBN News
Updated as of Mar 03 04:39 PM

The joint venture between tycoon Dennis Uy's Udenna Corp and China Telecom pledged to put in place up to 37 percent coverage with 27 mbps data speed by July. Read more »

DITO works around coronavirus impact on China Telecom

ABS-CBN News
Updated as of Feb 21 12:23 PM

There "is some delay" in sourcing materials such as fiber, equipment and technology from China due to the COVID-19 outbreak that originated from its city of Wuhan in Hubei province, chief administrative officer Adel Tamano told DZMM.    Read more »

DITO says it has enough resources to challenge PLDT, Globe

Jessica Fenol, ABS-CBN News
Posted at Feb 20 03:41 PM

DITO, a consortium of Dennis Uy's Udenna Corp, Chelsea Logistics and state-run China Telecom, is "confident" that there is enough resources to rollout a total of 5,000 towers, its chief administrative officer Adel Tamano said.    Read more »

Third telco DITO 'leaning heavily' on Chinese partner, allays cybersecurity fears

Jessica Fenol, ABS-CBN News
Posted at Feb 20 02:20 PM

China Telecom has been "doing business here for a long time," providing services to other players, DITO chief admnistrative officer Adel Tamano said, allaying cybersecurity fears.  Read more »

Third telco DITO says no delay in roll-out of services

ABS-CBN News
Posted at Feb 12 04:53 PM

DITO Telecommunity's roll-out of services will not be delayed, a member of the consortium behind the telco said on Wednesday after a newspaper reported that it was having problems building new telco towers. Read more »

UK approves restricted 5G role for China's Huawei

Roland Jackson, Agence France-Presse
Posted at Jan 29 03:43 AM

Britain on Tuesday gave the green light to a limited role for Chinese telecoms giant Huawei in the country's 5G network, in a decision that left the United States "disappointed" after it called for a total ban.  Read more »

Lorenzana downplays Chinese spying threat anew

Dharel Placido, ABS-CBN News
Posted at Sep 30 03:36 PM

Defense Secretary Delfin Lorenzana on Monday downplayed fears anew that national security would be compromised once China-backed telecommunications player DITO Telecommunity puts up facilities in its military camps. Read more »