News

Mislatel to pressure Globe, PLDT, analysts say

ABS-CBN News
Posted at Feb 12 11:16 PM

Globe Telecom seeks to further ramp up spending this year as it continues to upgrade data-related services.  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 »

PLDT Inc sets P70 billion capex for 2019

ABS-CBN News
Posted at Feb 04 05:36 PM

This year technology capex will cover expansions in mobile LTE/3G, increase in capacity to support data traffic, upgrade in transport network for faster speed and continued investments in 5G developments, PLDT said. Read more »

PLDT 'open' to leasing facilities from tower companies

ABS-CBN News
Posted at Jan 22 11:06 AM

PLDT said it would continue to invest in building its network while evaluating how it could work with tower companies. Read more »

2018 Yearender: Business - The year of TRAIN and inflation

ABS-CBN News
Updated as of Dec 26 01:41 PM

Here are some of the biggest stories in business in 2018. Read more »

Select PLDT subscribers to get 8-digit telephone numbers in March

ABS-CBN News
Posted at Dec 18 05:41 PM

Telephone numbers in Metro Manila, Rizal Province, San Pedro, Laguna and Bacoor, Cavite with 02 area code will have 8 digits starting March 18, PLDT Inc said in an advisory.  Read more »

Mislatel must back up 'moon and stars' promise, says Grace Poe

ABS-CBN News
Updated as of Dec 04 10:28 AM

The consortium's Filipino partner, Dennis Uy, should also appear before the Senate committee on public services' next hearing in January, said its chairperson, Sen. Grace Poe. Read more »

Smart makes 5G video call, claims 700 mbps speed

ABS-CBN News
Updated as of Nov 29 07:59 AM

The videocall was made between the newly launched Smart 5G cities in Pampanga and Makati using 5G radio and core equipment of Smart's partners Huawei in Makati and Ericsson in Clark, Smart said in a statement.  Read more »

PLDT closes $175-M investment in Voyager from KKR, Tencent

ABS-CBN News
Posted at Nov 28 03:47 PM

In October PLDT announced that KKR and Tencent were subscribing to newly-issued shares in Voyager, which would give them a substantial minority stake in the telco's subsidiary.  Read more »

China-backed Mislatel must prove it's no security risk: officials

ABS-CBN News
Posted at Nov 27 12:51 PM

PLDT, Globe and third telco Mislatel are all required to prove that they are not threats to national security. Read more »

China in spotlight as Senate resumes third telco hearing

ABS-CBN News
Updated as of Nov 27 11:00 AM

Mislatel, a consortium composed of Davao businessman Dennis Uy and China Telecom, have secured the rights to challenge PLDT Inc and Globe Telecom. Read more »

Voyager gets $40 million investment from IFC, IFC Emerging Asian Fund

ABS-CBN News
Posted at Nov 26 09:38 AM

PLDT said IFC and IFC Emerging Asia Fund would subscribe to $40 million in new shares for a minority stake in Voyager, which includes PayMaya, Lendr and Fintq. Read more »

SC asks PLDT, Globe, NTC to comment on challenge vs frequency deal

Mike Navallo, ABS-CBN News
Posted at Nov 16 03:00 PM

The Supreme Court ordered PLDT Inc, Globe Telecom and the National Telecommunications Commission to comment on a petition to nullify an agreement between the two carriers on co-use of frequencies. Read more »

Third telco selection did not favor Dennis Uy: DICT chief

ABS-CBN News
Updated as of Nov 14 09:54 AM

The consortium of Davao businessman Dennis Uy and China Telecom secured 'provisional' third telco rights because its rivals, Philippine Telegraph and Telephone Corp and Sear, failed to meet bidding requirements. Read more »

NTC denies Sear, PT&T appeals vs Mislatel

ABS-CBN News
Updated as of Nov 13 12:04 PM

The National Telecommunications Commission has denied Tuesday the appeals of a consortium that includes former Ilocos Sur Governor Luis "Chavit" Singson, and the Philippine Telegraph and Telephone Corp. (PT&T) to revoke the award of third telco rights to the joint venture of China Telecom and Davao tycoon Dennis Uy. Read more »

NOW Corp wants third telco player to succeed

Warren De Guzman, ABS-CBN News
Posted at Nov 09 04:41 PM

Whoever wins as the new major telecommunications player must succeed in challenging the duopoly of the "real enemies," Globe Telecom and PLDT Inc., NOW Corp. said on Friday.  Read more »

Entry of third telco player poses 'modest' impact on PLDT: Manny Pangilinan

Jacque Manabat, ABS-CBN News
Posted at Nov 08 06:08 PM

MANILA - The entry of the third major firm in the country's telecommunications space does not pose a significant threat to PLDT Inc as it is not expected to affect the bulk of its revenue, its chairman and CEO Manny Pangilinan said Thursday.    Read more »

PLDT invests in Multisys to boost digital initiatives

ABS-CBN News
Posted at Nov 08 02:51 PM

Its subsidiary, PLDT Global Investment Holdings Inc, will acquire 45.73 percent interest in Multisys in a deal expected to be completed by December. Read more »

Globe, PLDT-Smart welcome third telco player

ABS-CBN News
Updated as of Nov 08 08:53 AM

The two telecommunications giants in the country welcome the provisional third major player in the industry.  Read more »

Search for the next PH Telco: The contenders

Infographic by Andrea Canlobo, ABS-CBN News
Posted at Nov 06 04:54 PM

And the contenders (as of November 5, 2018) for the third telco are: Read more »