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Valenzuela mayor says rumors on his family distract public from tollway issue

ABS-CBN News
Updated as of Dec 21 09:31 AM

Valenzuela City Mayor Rex Gatchalian on Monday belied rumors on his family that he said distract the public on the issue of heavy traffic in the city's tollway. Read more »

PLDT to spend at least P88 billion next year to improve telco services

ABS-CBN News
Updated as of Dec 14 12:36 PM

The 2021 capital expenditure is at least 20 percent higher than the P73 billion allotted and spent this year, PLDT said. Read more »

PLDT says building 2,000 new cell sites next year as Palace hits telcos anew

ABS-CBN News
Posted at Dec 01 10:40 PM

PLDT-Smart said Tuesday it is rolling out an additional 2,000 cell sites next year, and laying down underground fiber optic cables in the Bicol region and in Samar province, as part of its efforts to improve telco services.  Read more »

Cignal, Meralco subsidiary launch new broadband service

ABS-CBN News
Posted at Nov 17 02:18 PM

Cignal TV and Radius Telecoms, a subsidiary of Manila Electric Company, announced on Tuesday that they are forming a new pay TV and home internet service called RED Broadband.  Read more »

PLDT's Manny Pangilinan withdraws bid for Sky Cable citing regulatory risks

ABS-CBN News
Updated as of Nov 05 06:59 PM

Telecoms tycoon Manny Pangilinan has withdrawn his bid to acquire Sky Cable Corp from the Lopez Group due to worries that antitrust regulators may flag the deal. Read more »

Metro Pacific income down in Jan- Sept period, eyes recovery in 2022

ABS-CBN News
Posted at Nov 04 09:38 PM

Metro Pacific Investments Corp said revenues and profits should bounce back to 2019 levels by 2022. Read more »

PLDT leads First Pacific's portfolio in first half

ABS-CBN News
Posted at Aug 24 07:13 PM

PLDT stood out among the companies in First Pacific's portfolio amid robust demand for internet connectivity during the COVID-19 pandemic, First Pacific said on Monday.  Read more »

‘Hello Fernando, Manny’: Roque calls Globe, PLDT bosses during palace briefing

Arianne Merez, ABS-CBN News
Posted at Aug 24 02:25 PM

Presidential Spokesperson Harry Roque phoned telco bosses Manny Pangilinan and Fernando Zobel de Ayala on Monday to request for additional phone lines for the government's One Hospital Command.   Read more »

MVP reaches out to FIBA exec Khajirian after Beirut blasts

ABS-CBN News
Posted at Aug 09 08:19 PM

Manny V. Pangilinan, the chairman emeritus of SBP, has offered his sympathies to Hagop Khajirian, FIBA's executive director for Asia and the chief executive of the FIBA Asia Secretariat. Read more »

TV5 to provide as much jobs as it can to displaced ABS-CBN workers, says Pangilinan

Bruce Rodriguez, ABS-CBN News
Posted at Aug 07 03:38 AM

One of the Philippines' major broadcasters, TV5, is keen on giving as much employment as it can to workers displaced by the non-renewal of ABS-CBN's broadcast franchise.   Read more »

PLDT chair Pangilinan 'worried' over GDP contraction even as telco posts profit

ABS-CBN News
Posted at Aug 06 10:04 PM

Pangilinan said the 16.5 percent contraction of the Philippine GDP in the second quarter, which has been described as the worst in history based on available data, was “worrisome.” Read more »

Metro Pacific says cash pile cushioning impact of pandemic as income falls

ABS-CBN News
Posted at Aug 05 09:06 PM

Metro Pacific Investments Corp on Wednesday said it has enough cash to cushion itself from the impact of the COVID-19 pandemic even as its net income fell sharply in the first half.  Read more »

Experts question Duterte's claim he 'dismantled' oligarchy in PH

ABS-CBN News
Updated as of Jul 15 07:01 AM

MANILA - Experts on Tuesday questioned what President Rodrigo Duterte meant when he said he has “dismantled the oligarchy” in the Philippines without having to declare martial law.   Read more »

'Adapting to change' key to survival in pandemic, as profitability takes a back seat: Pangilinan

ABS-CBN News
Posted at Jul 13 06:00 AM

Editor’s Note: Manuel V. Pangilinan shared his insights on crisis leadership to members of the Penn-Wharton Club of the Philippines on June 25, 2020. He spoke about how the MVP Group of Companies responded to the pandemic and its impact on their businesses. Pangilinan, who heads telecom giant PLDT, infrastructure conglomerate Metro Pacific Investments Corp., and HK-based First Pacific Company Limited among others, is an alumnus of the Wharton Business School, University of Pennsylvania. Read more »

Duterte to review reworked Ayala, Pangilinan water contracts

ABS-CBN News
Posted at Jun 05 02:55 PM

President Rodrigo Duterte said Friday he would review the water distribution contracts of the Ayala and Pangilinan groups. Read more »

PLDT net income down 5 percent in first quarter as telco ramps up spending

ABS-CBN News
Posted at May 07 08:58 PM

PLDT’s core net income fell 5 percent in the first quarter as the telco ramped up its capital expenditure from its network rollout program, the company disclosed on Thursday. Read more »

Metro Pacific net income down 6 percent in Q1 due to virus, regulatory reviews

ABS-CBN News
Posted at May 06 09:57 PM

Metro Pacific Investments Corp (MPIC) on Wednesday said its core net income from January to March dropped 6 percent to P3.4 billion due to the COVID-19 outbreak and regulatory reviews of its water concession. Read more »

'Not on our minds,' says Pangilinan on TV5 airtime for ABS-CBN

ABS-CBN News
Posted at May 06 04:42 PM

Tycoon Manuel Pangilinan said Wednesday a blocktime agreement with ABS-CBN at his group's TV 5 was "not on our minds." Read more »

Pangulong Rodrigo Duterte, humingi ng sorry kay Pangilinan at sa mga Ayala

ABS-CBN News
Posted at May 05 08:57 PM

Pinasalamatan din ng Pangulo ang mga negosyante dahil sa pagtulong nila sa panahon ng COVID-19 pandemic. Read more »

Pangilinan thanks Duterte for 'sincerity, kindness' after apology

ABS-CBN News
Updated as of May 05 12:04 PM

Tycoons Manuel Pangilinan, Jaime Augusto Zobel de Ayala and Fernando Zobel de Ayala on Tuesday thanked President Rodrigo Duterte, after the chief executive apologized to them over "hurting words." Read more »