News

'No delay' in Mislatel's third telco rollout, spokesman says

ABS-CBN News
Updated as of Feb 20 11:47 AM

Mislatel's commercial operations are set to begin in the first quarter of 2020.  Read more »

Phoenix Petroleum, China's CNOOC seek partnership with Philippine National Oil Company

ABS-CBN News
Updated as of Feb 14 02:14 PM

Tanglawan is "looking into" signing a Memorandum of Understanding with the PNOC, businessman Dennis Uy's Phoenix Petroleum told the stock exchange. Read more »

Mislatel can ‘withstand any scrutiny’ after securing Congress nod: spokesperson

ABS-CBN News
Posted at Feb 08 06:54 PM

Any legal case against mounted against Mislatel will be considered “baseless” after the Congress affirmed the validity of its franchise, its spokesperson said Friday.  Read more »

Mislatel needs ratified Congress resolution before telco service rollout: DICT

Sherrie Ann Torres, ABS-CBN News
Posted at Feb 07 06:41 PM

The certification will serve as a "go signal" for Mislatel to start the rollout of its 5-year commitment, Rio told reporters.  Read more »

Senate approves Mislatel transfer of ownership to Dennis Uy, China Telecom consortium

ABS-CBN News
Updated as of Feb 07 02:32 AM

Senator Grace Poe, chairman of the Senate public services committee that investigated the third telco, said earlier that Mislatel's predicament could be "cured" with "amendments" to take into account national interest. Read more »

Mislatel franchise 'cure' up for Senate approval: Poe

ABS-CBN News
Updated as of Feb 05 05:17 PM

While Mislatel "clearly" failed to comply with some conditions of its franchise, Sen. Grace Poe said "a few colleagues" in the chamber agreed with the consortium's argument that only an act of Congress can revoke the license. Read more »

Congress can 'cure' Mislatel franchise issues, says official

ABS-CBN News
Updated as of Feb 04 12:30 PM

If Mislatel completes all the post-qualification requirements before Feb. 7, including a Senate resolution in favor of its franchise, the National Telecommunications Commission can transfer frequencies to the third telco. Read more »

Dennis Uy's Phoenix to form venture with China National Offshore Oil

ABS-CBN News
Posted at Feb 01 09:40 AM

It will mark the second venture between companies controlled by tycoon Dennis Uy and a state-owned Chinese enterprise. Uy's Udenna Corp and Chelsea Logistics earlier partnered with China Telecom to challenge PLDT Inc and Globe Telecom. Read more »

Palace open to reclamation projects in Manila Bay

Dharel Placido, ABS-CBN News
Posted at Jan 31 04:55 PM

Malacañang on Thursday said it may allow reclamation projects in Manila Bay, even as leftist lawmakers warned that building infrastructure on the historic bay would displace thousands of informal settlers. Read more »

Dennis Uy's empire is growing not because of Duterte: lawyer

ABS-CBN News
Updated as of Jan 31 12:00 PM

Dennis Uy is "not new money" and is known in business circles even before he became known in the mainstream, a lawyer for his telecommunications venture said. Read more »

Mislatel posibleng mabigyan ng prangkisa ng Senado

ABS-CBN News
Posted at Jan 30 09:44 PM

Namumurong mabigyan ng "go signal" ng Senado ang Mislatel Consortium para sa pagiging "third telco" na nangakong magbibigay ng mabilis at murang Internet service sa bansa. Read more »

Mislatel insists franchise is valid in Senate third telco hearing

ABS-CBN News
Updated as of Jan 30 12:50 PM

Mislatel spokesman Adel Tamano said a "quo warranto" proceeding was needed to challenge the franchise. During the last hearing, it was revealed that a company, also called Mislatel, is the holder of the franchise that was granted in 1998. Read more »

Poe: New third telco bidding better than court challenge

ABS-CBN News
Updated as of Jan 29 02:03 PM

It will be better to restart the search for the country's third telco player than risk having the franchise of Mislatel, the current winning bidder, questioned in court, Senator Grace Poe said Tuesday.    Read more »

Mislatel franchise in spotlight as Senate wraps up third telco probe

ABS-CBN News
Updated as of Jan 29 12:32 PM

Questions surrounding the franchise of the Chinese-Filipino consortium must be resolved for the public good and a committee report can be drafted as early as next week, said Sen. Grace Poe. Read more »

PSEi clinches 4th weekly gain despite flat trading

ABS-CBN News
Posted at Jan 25 11:32 PM

Despite flat trading, the PSE index clinches its fourth weekly gain. Read more »

Bisa ng prangkisa ng Mislatel kinuwestiyon

ABS-CBN News
Posted at Jan 24 10:32 PM

Kinuwestiyon ng mga senador ang bisa ng prangkisa ng Mislatel Corporation sa pagpapatuloy ng mga pagdinig sa ikatlong telco. Read more »

Trillanes rues 'preferential treatment' for Dennis Uy, Mislatel

ABS-CBN News
Updated as of Jan 24 05:19 PM

Trillanes, President Rodrigo Duterte's most vocal critic, quizzed Uy on his ties to the chief executive. Uy admitted to contributing P30 to Duterte's 2016 campaign. Read more »

Dennis Uy says Mislatel aspires to be 'best telco'

ABS-CBN News
Updated as of Jan 24 01:18 PM

Davao businessman Dennis Uy on Thursday assured lawmakers that the third telecommunications company he is setting up in partnership with China Telecom would be "fast, affordable and most importantly secure." Read more »

Senate to check Mislatel compliance when third telco hearing resumes

ABS-CBN News
Posted at Jan 22 08:51 AM

During the hearing on Thursday, the Senate public services committee will check Mislatel's compliance with the 90-day period given by regulators to fulfill requirements, said the panel's chairperson, Sen. Grace Poe. Read more »

Century, Dennis Uy to form joint venture for Clark Global City project

ABS-CBN News
Posted at Jan 21 10:54 AM

A memorandum of agreement was signed last Jan. 9 for the partnership, which aims to build a residential and commercial complex on 2.6 hectares in Clark, Century Properties said in a statement. Read more »