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Fitch flags constraints to telco competition

THE IMPENDING ADDITION to the Philippines’ list of major telecommunications service providers notwithstanding, the new entrant faces systemic constraints to full-blown competition, Fitch Ratings said in a Nov. 7 note e-mailed to journalists on Thursday......»»

Category: financeSource: bworldonline bworldonlineNov 8th, 2018

Economy: Competition, 4G investment to pressure telco margins -- Fitch

REVENUE growth of Philippine telecommunications companies is expected to come under pressure next year, with EBITDA (earnings before interest, taxes, depreciation and amortization) margins shrinking the most among Asian markets amid fiercer competition an.....»»

Category: financeSource:  bworldonlineRelated NewsNov 14th, 2016

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

Samsung Electronics flags near-30% slump in Q4 operating profit

SEOUL, South Korea – Samsung Electronics on Tuesday, January 8, flagged its first quarterly profit drop in two years and painted a grim outlook owing to mounting competition from Chinese smartphone makers and declining chip prices. The shock warning added to concerns about the broader tech sector after Apple sent shudders ........»»

Category: newsSource:  rapplerRelated NewsJan 8th, 2019

Fitch affirms PH rating, flags overheating risks

Debt watcher Fitch Ratings on Thursday again affirmed the Philippines’ ‘BBB’ investment grade rating even as it warned that the economy continues to face overheating risks. “The ratings on the…READ The post Fitch affirms PH rating, flags overheating risks appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsDec 21st, 2018

Fitch affirms PH rating, flags overheating risks | The Manila Times Online

Debt watcher Fitch Ratings on Thursday again affirmed the Philippines BBB investment grade rating even as it warned that the economy continues to face overheating risks. The ratings on theREAD The pos.....»»

Category: newsSource:  manilanewsRelated NewsDec 21st, 2018

Fitch reaffirms Philippines investment grade, flags overheating risks

Fitch Ratings yesterday cautioned the Philippines about overheating risks, including strong credit growth and wider current account shortfall, as it reaffirmed the country’s investment grade credit rating......»»

Category: financeSource:  philstarRelated NewsDec 21st, 2018

Biased selection?

I would expect a ratings agency as well regarded as Fitch to go beyond the optics in making conclusions. But it claimed in a statement that there was bias in the selection of the Mislatel/China Telecom consortium as the third major telco......»»

Category: financeSource:  philstarRelated NewsNov 27th, 2018

Gov t bias toward China seen in 3rd telco race

MANILA, Philippines – The win of Dennis Uy’s Udenna Corporation and China Telecom for the 3rd major telecommunications player slot hints at government bias for Beijing, market think tank Fitch Solutions Macro Research said. “The selection of China Telecom, which follows the almost immediate disqualification of the two ........»»

Category: newsSource:  rapplerRelated NewsNov 26th, 2018

Competitive pricing key to Mislatel gaining market share — Fitch

Newly declared telco player Mislatel would have to compete on pricing and rely on regulatory support from government to carve market share given its few assets, Fitch Solutions Macro Research said......»»

Category: financeSource:  philstarRelated NewsNov 23rd, 2018

[ANALYSIS] Disturbing red flags in the 3rd telco selection

It’s tempting to think that our connectivity woes will soon be coming to an end. But we could be wrong. Last week, on November 7, the National Telecommunications Commission (NTC) held a public bidding for the selection of the Philippines' 3rd telco provider.  After tedious procedures, the selection committee declared ........»»

Category: newsSource:  rapplerRelated NewsNov 15th, 2018

PCC nixes two-player limit in common telco tower

The Philippine Competition Commission (PCC) is oppose to the two player limit set by the draft common tower policy, arguing that the limit would not promote competition and goes against the open access regime being pushed by the government......»»

Category: financeSource:  philstarRelated NewsNov 14th, 2018

PLDT, Globe expect pressure on revenue, capex — Fitch Ratings

Fitch is expecting tempered revenue growth and increased capex pressure on telco giants PLDT Inc. and Globe Telecom Inc. with the looming arrival of a third telco player......»»

Category: financeSource:  philstarRelated NewsNov 9th, 2018

Villanueva: Entry of 3rd telco player to boost ‘work-from-home’ bill

Senator Joel Villanuevaon Wednesdaysaid the entry of a third telecommunications service provider could aide in the implementation of the proposed Telecommuting or Work-From-Home Act. READ:3rd telco player known by Nov. 7 --- DICT chief READ:Villanueva lauds Senate ratification of became report on 'work-from-home' bill "The entry of a third telco player will create competition and provide better services amid consumer problems on the country's slow and expensive internet," said Villanueva, author and sponsor of the proposed measure. "It will accommodate the potential influx of reliance on technology that may be brought about by the subsequent implementation of our Telecommuting Bill...Keep on reading: Villanueva: Entry of 3rd telco player to boost ‘work-from-home’ bill.....»»

Category: newsSource:  inquirerRelated NewsOct 24th, 2018

Poe: 3rd telco to bring down rates, improve service in PH

Senator Grace Poe said on Monday that the entry of a new major telecommunications player will introduce fresh competition in the market which in turn may bring down rates and improve telco services in the country.   "Ang pagpasok ng third telco ay isang paraan para masigurado ang kompetisyon at mas bumaba ang ating babayaran para sa serbisyo. Puwede tayong makapamili...kung ano ang mas mura at de-kalidad, 'yun ang ating pakay dito," Poe said in a statement.   (The entry of the third telco is a way to ensure competition and to bring down our expense for service. We can choose a more affordable and quality telco, that's our purpose here.)   "Nais nating mag...Keep on reading: Poe: 3rd telco to bring down rates, improve service in PH.....»»

Category: newsSource:  inquirerRelated NewsOct 22nd, 2018

NFL wants players to play with a free mind

By Rob Maaddi, Associated Press NEW YORK (AP) — The NFL doesn't want players worrying about getting flagged or fined. "You gotta play," NFL football operations chief Troy Vincent said Tuesday at the league's fall meetings. "You hope that no player is thinking about a rule. We want them to play (with a) free mind where you're just free and you play." Chiefs rookie linebacker Breeland Speaks said he didn't take Tom Brady down because he was concerned about a roughing-the-passer penalty in the fourth quarter of Kansas City's 43-40 loss at New England on Sunday night. Brady eluded Speaks and ran 4 yards for a touchdown to give the Patriots the lead. "We watched that video and watched that play and Tom did what we've seen Tom do a thousand times," Vincent said. "He stepped up in the pocket and the defender didn't make a play or didn't create a sack, but you don't want any player thinking about a penalty or being fined but you hope that he would make that adjustment on some of the things we've put in place and that's not just for his opponent's protection but for his as well." Overall, roughing-the-passer calls are down since the competition committee clarified to game officials the techniques used in such hits during a conference call last month. There were 34 roughing calls through the first three weeks and 19 in the three weeks since the call. Vincent said the league didn't advise officials to cut down on the calls, but emphasized to them making sure they see it clearly. "If you don't see the complete play, don't call it," Vincent said. "That was a directive from the competition committee. That was always the point of emphasis but after the (conference) call and after watching the video, the committee and our coaches (said): 'If you don't see the complete play, we ask that you leave the penalty in your pocket.'" Packers linebacker Clay Matthews was penalized three times in the first three weeks for roughing the passer, including two of which that appeared to be normal tackles. Matthews suggested the league has gone soft and argued that defensive players no longer know what constitutes a legal hit. Dolphins defensive end William Hayes tore his right ACL trying to avoid landing on Raiders quarterback Derek Carr. "Every time we emphasized a call, you see more calls in the preseason and first (few) weeks and then you see an adjustment, and a leveling out of calls," said Atlanta Falcons CEO Rich McKay, the head of the league's competition committee. "We're not going to apologize for trying to protect players we think are in a vulnerable state." Some other things we learned on the first day of the NFL's fall meetings: MORE FINES THAN FLAGS: There have been only six penalties for illegal use of the helmet, but Vincent said between 10-12 players have been fined for such hits and almost 70 warning letters have been issued to players about using the crown of their helmet to initiate a hit. "We told officials if they don't see all three elements of it, we can fine it on Monday and we'll get the conducted corrected," McKay said. "I think the players have adjusted, the officials have adjusted and I know the coaches have adjusted." CONCUSSIONS DOWN: Concussions in preseason were down from 91 to 79, a 13 percent decline. Concussions on kickoffs were zero in the preseason, down from three. Concussions in practices were down from 23 to 9. Jeff Miller, the league's executive vice president of health and safety initiatives, credits a reduction plan the NFL put into place last year, improvements in helmets in part spurred by the league ratings of helmets and banning of some, rules changes such as the "helmet rule" and the kickoff rules, and the education of players. "We're certainly optimistic about the results," said Dr. Allen Sills, the NFL's medical director. "We'll continue with more in-depth analyses of concussions." HELMET BAN: Miller said there were some 230 helmets players used in 2017 that ranked in the red area, meaning they were banned for new league players in 2018 and will be banned for every player next season. Through Week 3 of this season, about 40 were still in use that were grandfathered in. He noted "it's sometimes hard to make a change," but added that players won't have a choice after this season regarding those helmets. ADVANTAGE, OFFENSE: Teams are scoring more than ever. The number of points (4,489), touchdowns (504) and touchdown passes (328) are the most in league history through six weeks. McKay credited the performance of young quarterbacks and the emphasis on calling illegal contact and defensive holding penalties. Illegal contact penalties are up from 11 to 36. After six weeks in 2016, there were 30 such calls. "We didn't like the way it was going last year and it led to passing yardage going down," McKay said. "As defenses get more aggressive and grab more, yards go down." Vincent said he expects scoring to "normalize" as teams see more film on the young quarterbacks and he noted weather conditions later in the season could make an impact. "I believe some of the defenses and coordinators will adjust," Vincent said. "Players are adjusting all the time and you just need game footage to see what people can and can't do." PARITY IS GOOD: Games have been closer through the first six weeks. So far, 54 games have been decided by one score, tied for the most in league history at this point. There have been 28 games decided by three points or fewer, second-most at this point. "Those are good stats for us because fans want to watch and attend close games," McKay said. ___ AP Pro Football Writer Barry Wilner contributed to this report......»»

Category: sportsSource:  abscbnRelated NewsOct 17th, 2018

PCC tags competition issues in airline sector

The airline industry in the Philippines has benefited from liberalization and deregulation, a study conducted by the country’s antitrust body found, but competition concerns remain and growth is being hampered by infrastructure and other constraints. The Philippine Competition Commission (PCC), in a study released on Monday, noted that travel options had expanded markedly since the [...] The post PCC tags competition issues in airline sector appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsSep 24th, 2018

PCC says no to optional surrender of frequency clause in 3rd telco TOR

The competition watchdog intends to require the third telecom industry player to return its assigned radio frequencies if it becomes 'related' to any telco giant, unlike the current propo.....»»

Category: newsSource:  philippinetimesRelated NewsAug 21st, 2018

PCC proposes criteria in selection of 3rd telco

The Philippine Competition Commission has proposed to address competition issues in the terms of reference for the selection of a third telco player, including the automatic return of unused frequency, mandatory return of spectrum in the event the firm becomes a related party to a dominant player, and information sharing on reportorial requirements......»»

Category: financeSource:  philstarRelated NewsAug 21st, 2018

Duterte backs 3rd player that provides best service quality, affordable prices

President Duterte renewed his call for more competition in the telecommunications space--a sign that the third telco initiative remained a priority for his government despite recent delays. Mr. Dut.....»»

Category: newsSource:  philippinetimesRelated NewsJul 24th, 2018

Search for third major telco clears major hurdle

By Victor V. Saulon, Sub-Editor THE QUEST for the country’s third major telecommunications service provider advanced on Friday after a government team settled on the highest committed level of service (HCLoS) as basis for competition. The oversight committee — composed of representatives of the Department of Information Communications and Technology (DICT), Department of Finance (DoF),… link: Search for third major telco clears major hurdle.....»»

Category: newsSource:  manilainformerRelated NewsJul 20th, 2018