News

World Bank bats for more open PH economy to boost growth

ABS-CBN News
Posted at Sep 24 07:21 PM

The World Bank on Monday recommended reducing restrictions on foreign investors, and improving competition in the telecommunications sector and other industries, to boost the country's productivity and economic growth.  Read more »

Selection of 3rd telco seen moving forward after Duterte SONA 'guidance'

Jacque Manabat, ABS-CBN News
Posted at Jul 24 09:16 PM

The Department of Information and Communications Technology (DICT) said on Tuesday President Rodrigo Duterte’s gave a clear guidance on the selection process for the third telco during his State of the Nation Address (SONA).  Read more »

For faster internet, PH should open telecoms to foreign players: ECCP

ABS-CBN News
Posted at Jul 04 05:44 PM

The Philippines should open up telecommunications to foreign players if it wants to upgrade internet speeds in the country, the head of the European Chamber of Commerce in the Philippines said Wednesday.  Read more »

ZTE could face fresh $1.3 billion fine, Trump says

Agence France-Presse
Posted at May 23 09:40 AM

US President Donald Trump said Tuesday that as a favor to China his administration was considering a fresh set of penalties on embattled Chinese company ZTE to replace crippling sanctions imposed last month that threatened to put the firm out of business. Read more »

US, China near deal to save ZTE: report

Agence France-Presse
Posted at May 22 09:52 PM

The United States and China have a tentative deal to save embattled Chinese telecom company ZTE, days after the two nations announced a truce in their trade standoff, The Wall Street Journal reported Tuesday. Read more »

Huawei's AI-powered smartphone drives a Porsche

Agence France-Presse
Updated as of Oct 13 09:34 PM

China's Huawei used the artificial intelligence capabilities of its flagship Mate 10 Pro phone to drive a sports car as the Mobile World Congress got under way in Barcelona Monday, in what it said was a world first.   Read more »

Philippines boosts cybersecurity ahead of China Telecom entry

Reuters
Posted at Dec 21 09:22 PM

MANILA - The Philippines is beefing up cybersecurity measures prior to the expected entry of Chinese firms in its telecoms industry, the president's spokesman said on Thursday, amid concerns that national security could be at risk.   Read more »

PT&T says in talks with 8 Chinese firms for broadband deal

Reuters
Posted at Nov 21 06:26 PM

Philippine Telegraph & Telephone Corp PTT.PS is talking to eight Chinese companies, mostly in telecoms, to form strategic partnerships as it aims to become a major player in the domestic telecoms market, its chairman said on Tuesday. Read more »

LTE speed, coverage in PH improved: global report

ABS-CBN News
Updated as of Nov 06 05:58 PM

LTE wireless internet speed and coverage in the country improved last month compared to the same period last year, a global report said Monday.  Read more »

Weak sales plague Nokia, loss deepens and stock plunges

Agence France Presse
Posted at Oct 26 09:59 PM

Finnish telecoms equipment maker Nokia said Thursday its net loss deepened in the third quarter due to falling sales, as it presented a gloomy outlook that sent the share price plunging.   Read more »

Duterte says he asked Salalima to resign

Dharel Placido, ABS-CBN News
Posted at Sep 28 09:31 PM

President Rodrigo Duterte said he had asked Rodolfo Salalima to quit his post at the Department of Information and Communications Technology (DICT). Read more »

Pernia eyes opening telecoms to foreign control

Agence France Presse
Updated as of Jul 20 09:54 PM

Limits on foreign ownership of the Philippine telecom industry should be lifted to attract investment and improve its service, Socioeconomic Planning Secretary Ernesto Pernia said Thursday.   Read more »

LOOK: 20-year collection of mobile phones

Kim Kyung-Hoon, Reuters
Posted at Jul 06 07:56 PM

A man using a smartphone walks past an electronic shop's wall decorated with old cell phones which its owner Watanabe Masanao had collected over 20 years is pictured in Tokyo, Japan on Wednesday.  Read more »

Japan's SoftBank to invest $50 billion in US

Reuters
Posted at Dec 07 07:21 AM

Japanese telecoms and internet firm SoftBank Group Corp (9984.T) plans to invest $50 billion in the United States in businesses and create 50,000 new jobs, U.S. President-elect Donald Trump said on Tuesday. Read more »

Cambodia deports 13 Taiwanese telecoms fraud suspects to China

Brenda Goh, Reuters
Posted at Sep 21 05:10 PM

Cambodia has deported 13 Taiwanese nationals suspected of telecoms fraud to China, the Ministry of Public Security in Beijing has said, ignoring protests from Taiwan asking the Southeast Asian country not to proceed. Read more »

Coming soon: Globe to produce own movies, series

Liza Reyes, ABS-CBN News
Posted at Jun 24 05:33 PM

MANILA - Globe Telecom is embarking on its first foray into content creation with "Globe Studios", which will produce original movies and series to meet growing demand for mobile entertainment.  Read more »

Cambodia arrests Chinese, Taiwanese suspected of telecoms extortion

Prak Chan Thul, Reuters
Posted at Jun 14 06:36 PM

PHNOM PENH - Cambodia has arrested 27 Chinese and Taiwanese nationals on suspicion of operating a telecoms extortion ring to defraud victims in China, officials said on Tuesday. Read more »

Liberty Telecoms studies tender offer after mega telco deal

Michelle Ong, ABS-CBN News
Posted at Jun 09 03:02 PM

MANILA - Liberty Telecoms on Thursday said it is studying the applicability of the tender offer rule in relation to the purchase of Philippine Long Distance Telephone Co. (PLDT) and Globe Telecom of San Miguel Corp.'s Vega Holdings. Read more »

China steps up war of words with Taiwan over fraud suspects

Reuters
Posted at Apr 18 11:25 AM

China on Monday stepped up its war of words with Taiwan after Taipei freed 20 suspects in a telecom fraud case linked to China, with state media accusing Taiwan of tolerating crime and being taken hostage by anti-Chinese forces. Read more »

Taiwanese deported from Kenya 'suspected of fraud in China'

Agence France-Presse
Posted at Apr 13 11:10 AM

BEIJING - A group of Taiwanese deported from Kenya to China after being acquitted in a cyber crime case are wanted for suspected fraud in China, the Chinese government said on Wednesday, in a case that has enraged Taiwan which has accused Beijing of kidnap. Read more »