Eastern Communications allots P1 billion for expansion, subsea cable

Eastern Communications is spending P1.04 billion for its capital expenditures this year to strengthen Visayas and Mindanao operations and complete the longest subsea cable in the Philippines......»»

Category: financeSource: philstar philstarMar 19th, 2023

Eastern spending P2.8 billion for expansion

Eastern Communications said Wednesday it is spending P2.8 billion this year to upgrade and expands its connectivity and ICT services nationwide......»»

Category: financeSource:  thestandardRelated NewsFeb 18th, 2021

Japan-affiliated telco InfiniVAN’s Submarine Cable Network project with Globe and Eastern Communications marks new milestone

InfiniVAN, Inc. in a joint-build project with two other Philippine telcos, completed the Siargao landing of a segment of the Philippine Domestic Submarine Cable Network (PDSCN) in the Municipality of Dapa, Siargao Island on September 22......»»

Category: newsSource:  inquirerRelated NewsJan 27th, 2023

Eastern Communications ramps up expansion

Eastern Communications has completed its expansion projects for the year and will branch out to new locations in 2023 as part of efforts to become a one-stop shop for connectivity needs......»»

Category: financeSource:  philstarRelated NewsNov 30th, 2022

PLDT invests P4.4 billion to expand international capacity

Telco giant PLDT Inc. has invested $75 million or around P4.4 billion to expand its international capacity by laying down a 9,400-kilometer subsea cable traversing East and Southeast Asia......»»

Category: financeSource:  philstarRelated NewsOct 25th, 2022

PLDT invests P3.9 billion in new subsea cable backed by Google, Facebook

Telco giant PLDT Inc. is investing $80 million (P3.9 Billion) in a new subsea cable system backed by Silicon Valley giants Facebook and Google......»»

Category: financeSource:  philstarRelated NewsAug 16th, 2021

GMA allots P20 billion for 3-year capex

GMA Network Inc. has earmarked more than P20 billion for its capital expenditures in the next three years as it goes full blast on content production and digital TV expansion......»»

Category: financeSource:  philstarRelated NewsJan 6th, 2021

Senate allots P5.9 billion for national broadband project

The Senate has increased funds for the national broadband project to P5.9 billion under the Department of Information and Communications Technology budget for 2021......»»

Category: newsSource:  philstarRelated NewsDec 7th, 2020

Duterte admin allots P21.4 billion for ICT in proposed 2021 budget

In his budget message, President Duterte said digital connectivity and access supported by a secure and reliable information and communications technology (ICT) infrastructure system is "paramount" to lay the groundwork for the country's digital transformation......»»

Category: newsSource:  philstarRelated NewsSep 6th, 2020

Cosco bullish, allots P3.6b for expansion of Puregold

Cosco Capital Inc., the listed retail holding company of businessman Lucio Co, said it will spend P3.6 billion in 2020 primarily to fund the expansion of grocery chain Puregold......»»

Category: financeSource:  thestandardRelated NewsJul 2nd, 2020

Converge eyes new subsea cable system

Broadband provider Converge ICT Solutions Inc. has engaged multiple firms in Asia and North America to possibly install a new subsea cable that will serve the connectivity requirements of both regions......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2023

Alternergy hopes to raise P2.5 billion from green bonds

Renewable energy firm Alternergy Holdings Corp. hopes to raise as much as P2.5 billion from the issuance of green bonds after debuting in the Philippine Stock Exchange to fund its renewable energy expansion......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2023

DMW income up 3% in 2022

D.M. Wenceslao and Associates Inc. (DMW) reported a net income of P2.1 billion for 2022, up three percent on fresh earnings from the expansion of projects......»»

Category: financeSource:  philstarRelated NewsMar 17th, 2023

PLDT takes over Sky Cable’s internet business

PLDT Inc. has acquired the broadband business of Lopez-owned Sky Cable Corp. for almost P7 billion in a deal that cements the market dominance of the telco giant......»»

Category: financeSource:  philstarRelated NewsMar 16th, 2023

PLDT buying Sky Cable’s broadband business for P6.75B

PLDT Inc. is set to buy Sky Cable’s broadband business and other related assets for P6.75 billion, a move seen to bode well for the customers of both companies. In a statement on Thursday, PLDT Inc. announced its proposed acquisition of the Sky Cable’s shares as the telco giant gears up to expand its network […] The post PLDT buying Sky Cable’s broadband business for P6.75B appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsMar 16th, 2023

PLDT to take over Sky s broadband business

PLDT Inc. is set to acquire Sky Cable Corp.'s broadband business for P6.75 billion. .....»»

Category: financeSource:  philstarRelated NewsMar 16th, 2023

Maynilad allots P178 billion for wastewater program

West zone concessionaire Maynilad Water Services Inc. is spending P178 billion for its wastewater management program in the next two decades......»»

Category: financeSource:  philstarRelated NewsMar 15th, 2023

DM Wenceslao ekes out growth in 2022 as expansion pays off

Rental revenues, which comprise revenues from its land, building and other revenues such as parking fees, rose 9% year-on-year to P2.2 billion......»»

Category: newsSource:  philstarRelated NewsMar 15th, 2023

Amid high inflation, government allots P26.6 billion ayuda

The government will provide a total of P26.6 billion in ayuda or subsidies to vulnerable sectors to help them cope with the rising prices of food and other commodities, Finance Secretary Benjamin Diokno said yesterday......»»

Category: newsSource:  philstarRelated NewsMar 7th, 2023

Marcos lauds Converge, Keppel subsea cable system

Internet connectivity in the country is expected to improve significantly with the first subsea cable system project between Converge and Singapore-based Keppel Telecommunications and Transportation Inc., President Marcos said......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2023

DPWH allots P98.5B for over 2.4K infra projects in Central Luzon

CITY OF SAN FERNANDO, Pampanga - The Department of Public Works and Highways in Central Luzon (DPWH-3) said on Monday it will implement a total of 2,452 infrastructure projects this year.DPWH-3 Regional Director Roseller A. Tolentino said some PHP98.47 billion was allocated for the implement.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 20th, 2023