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Telcos expansion to spur competition – Fitch

Fitch Ratings Inc. (Fitch) has predicted intense competition in the country’s telecommunication (telco) industry as Philippine Long Distance Telephone (PLDT) and Globe Telecommunications Inc. (Globe) are set to pursue aggressive expansion programs .....»»

Category: newsSource:  manilatimes_netRelated NewsSep 17th, 2016

Guardiola sounds tetchy but City exit doesn't seem imminent

ROB HARRIS, AP Global Soccer Writer br /> LONDON (AP) — Only six months into his Manchester City reign, Pep Guardiola has sounded tetchy and strained by the demands of English soccer. And the 45-year-old already seems to be counting down to his departure. Not just from City and the English Premier League but soccer completely. 'Manchester City is three years or maybe longer but I am still approaching at the end of my career like a manager,' Guardiola said in broken English in an interview with American network NBC taped in early December but only broadcast last week. 'I am pretty sure of that.' But the end is not imminent. Before City scrambles to start the search for a successor, Guardiola is clearly not planning an immediate escape from Manchester however chilly he is finding his first English winter. 'I will not be a trainer @ 60 or 65 years old,' Guardiola stated, looking ahead to the 2030s. And within City there is no sense Guardiola is taking his eye off the challenge of bringing the Premier League trophy back to the Etihad for the first time since 2014. Guardiola, who was particularly testy after Monday's league win over Burnley, is quickly discovering just how tough the competition is. City has opened the second half of the season in third place and is seven points behind leader Chelsea, which also has a game in hand, while Manchester United is only three points further back in sixth. Unlike in his previous jobs at Barcelona and Bayern Munich, there's no guarantee of a trophy at the end of Guardiola's first season and the comments to NBC will create uncertainty, if unintended, about his commitment to City. It is curious for anyone to announce so early into any job that they are already thinking about their departure. Even more so when you have been pursued for so long by City, which installed former Barcelona executives to make the club more appealing to Guardiola. But when City managed to land Guardiola, the club knew it was hiring someone not interested in long-term projects. Guardiola won a trio of Spanish titles and two Champions League crowns with Barcelona between 2008 and 2012 before vacating the Camp Nou dugout. Three seasons at Bayern Munich, collecting another trio of domestic titles, were enough for Guardiola before taking up a new challenge in Manchester. Guardiola might be obsessive when in a job, but he is not addicted to soccer or the limelight. Between the Barcelona and Bayern jobs, he was content to take a year's sabbatical living in New York. And in the United States, Guardiola was fascinated by an apparent 'American culture' in the workplace. 'People are not staying in the same place for a long time,' he said. 'They move a lot and I believe in that.' Guardiola's soccer aura has faded in England, with City's four league losses more than any rival in the top six. The latest impediment in the title pursuit was inflicted by Liverpool as former Bundesliga rival Juergen Klopp got the better of Guardiola. In Guardiola's first taste of the packed festive program in English soccer, City was back in action inside 48 hours on Monday. The game against Burnley started badly with Fernandinho being sent off but 10-man City did manage to claim a 2-1 victory. Rather than celebrating, Guardiola gave curt post-match interviews where he sounded irritated with the line of questioning about City's disciplinary problems and the interview about his future. It was far from a meltdown as Guardiola has to operate within the constraints of Football Association rules that restrict how coaches can talk about referees. A frustrated Guardiola talked about 'special rules' in England, reflecting how he is still getting accustomed to how soccer laws are interpreted by Premier League referees, rather than criticizing their quality. 'I have to adapt,' Guardiola said. Perhaps, Guardiola has sensed the glee that seems to greet each setback in England and claims his coaching reputation is reliant on being fortunate to have Lionel Messi among his Barcelona talents. Far from being egotistical, Guardiola accepts he is 'not exceptional.' 'I was lucky to train outstanding players in a big club,' he said. 'If I would have trained lower teams than Barcelona and Bayern Munich I would not have won this amount of incredible titles I have won. For the people who believe Pep comes here and City's going to win. No.' And no, Guardiola isn't already packing his bags and heading for Manchester Airport. Guardiola was quoted across British media on Tuesday as telling NBC that 'the process of my goodbye has already started' — a comment that never featured in the broadcast interview. The headlines, though, will do little to dispel the notion that Guardiola's dedication to City is wavering. ___ Rob Harris is at and .....»»

Category: sportsSource:  abscbnRelated NewsJan 3rd, 2017

Fitch cites promise of stronger state spending, but flags political risk

THE PHILIPPINE ECONOMY can be expected to remain among the fastest-growing in Asia Pacific next year as aggressive spending plans by the government take off, Fitch Ratings said, although local political events may weigh on the country’s credit rati.....»»

Category: newsSource:  bworldonlineRelated NewsDec 6th, 2016

Corporate News: Pangilinan: No plans to divest in PLDT

BUSINESSMAN Manuel V. Pangilinan is holding on to PLDT, Inc., saying it remains a profitable company despite the rough times as its new management team is seen to steer the telco giant's turnaround strategy and digital pivot amid intensifying competition......»»

Category: financeSource:  bworldonlineRelated NewsNov 20th, 2016

Internet rights group pushes for open competition in telco industry

MANILA -- An Internet rights advocacy group is asking the government to urge the Philippine Competition Commission (PCC) to review the telecommunication deal of PLDT, Globe Telecom and San Miguel Corp (SMC) and provide guidelines that will reallocate radi.....»»

Category: newsSource: NewsOct 22nd, 2016

Corporate News: JFC says PCC should review telco deal

THE Joint Foreign Chambers (JFC) in the Philippines said the Philippine Competition Commission (PCC) should be allowed to pursue its comprehensive review of a major telecommunications deal by PLDT, Inc. and Globe Telecom, Inc., noting that it is not only .....»»

Category: financeSource:  bworldonlineRelated NewsSep 15th, 2016

Internet users group hit PCC probe on P70-B telco deal

MANILA, Philippines - An internet advocacy group has criticized ongoing efforts of the Philippine Competition Commission (PCC) to probe the P70-billion buyou.....»»

Category: financeSource:  philstarRelated NewsSep 10th, 2016

For better and faster Internet services

WITH the Court of Appeals decision stopping the Philippine Competition Commission (PCC) review of the R70-billion sale by San Miguel Corp. (SMC) of its telco assets to the Philippine Long Distance Telephone Co. (PLDT) and Globe Telecom, we expect major im.....»»

Category: newsSource:  tempoRelated NewsSep 9th, 2016

Telco buyout deal anti-competitive, says PCC

MANILA, Philippines - Based on its initial assessment, the Philippine Competition Commission (PCC) has found the P70-billion telecommunication deal involving.....»»

Category: financeSource:  philstarRelated NewsSep 1st, 2016

Front Page: Court stops review of major telco deal

THE APPELLATE COURT has dealt a temporary blow to the country's competition watchdog, stopping its review of a landmark telecommunications deal that is widely considered a test case for efforts to better ensure a level playing field for business......»»

Category: financeSource:  bworldonlineRelated NewsAug 30th, 2016

CA stops PCC probe on P70-B Telco deal

MANILA, Philippines – The Court of Appeals (CA) has stopped the investigation of the Philippine Competition Commission (PCC) on the P70-billion buyout of the.....»»

Category: financeSource:  philstarRelated NewsAug 30th, 2016

Court stops review of major telco deal

THE APPELLATE COURT has dealt a temporary blow to the country’s competition watchdog, stopping its review of a landmark telecommunications deal that is widely considered a test case for efforts to better ensure a level playing field for business......»»

Category: newsSource:  bworldonlineRelated NewsAug 30th, 2016

CA restrains PCC on telco sale probe

The Court of Appeals (CA) has stopped the Philippine Competition Commission (PCC) from reviewing the P70-billion buyout deal of the telco assets of San Miguel Corporation (SMC) by the Philippine Long Distance Telephone Company (PLDT) and Globe Telecom, In.....»»

Category: newsSource: NewsAug 30th, 2016

Court of Appeals halts commissions review of telco deal

TELCO giants PLDT and Globe Telecom scored an initial victory in connection with a legal battle over their acquisition of the telecommunications business of San Miguel Corp., with the Court of Appeals halting competition regulators from reviewing the mega.....»»

Category: newsSource:  manilatimes_netRelated NewsAug 29th, 2016

Competition agency should finish probe of telco deal

Philippine Competition Commission (PCC) Chairman Arsenio Balisacan appears to be taking his own sweet time reviewing the P70-billion deal involving the sale of San Miguel Corp.’s 700 megahertz (MHz) frequencies to Philippine Long Distance Telephone.....»»

Category: newsSource:  manilatimes_netRelated NewsAug 22nd, 2016

CA to PCC: Explain probe of P70-B telco deal

MANILA, Philippines - The Court of Appeals (CA) has ordered the Philippine Competition Commission (PCC) to justify its decision to investigate the buyout of.....»»

Category: financeSource:  philstarRelated NewsJul 25th, 2016

Globe denounces PCCs effort to block telco deal

Denouncing Philippine Competition Commissions (PCC) extra judicial stance to block telco deal, Globe reiterated its stance to provide its customers with better mobile internet services using the various frequencies it can now access through its joint b.....»»

Category: newsSource: NewsJul 25th, 2016

Competition body gets help in telco inquiry

AN OFFICE tasked to break cartels and monopolies in the country, the Philippine Competition Commission (PCC) announced last Saturday the court's decision to let the PCC keep investigating a P70-b.....»»

Category: newsSource:  philippinetimesRelated NewsJul 25th, 2016

CA ruling boosts PCCs probe on P70-billion spectrum deal

The decision of the Court of Appeals (CA) denying Globe Telecoms petition to stop the Philippine Competition Commission (PCC) from conducting a probe on its P70-billion deal with another telco firm Philippine Long Distance Telephone Co. (PLDT) for the.....»»

Category: newsSource: NewsJul 24th, 2016

CA denies Globe petition to stop review of P69-B telco deal

The Philippine Competition Commission on Friday said the Court of Appeals (CA) rejected Globe Telecom Inc.'s plea seeking to stop the competition watchdog from pursuing its comprehensive review of the P69 billion deal to buy San Miguel Corp.'s telecommun.....»»

Category: newsSource:  bworldonlineRelated NewsJul 23rd, 2016