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PLDT, Smart ramp up cloud initiatives
Telco giant PLDT Inc. and its wireless unit Smart Communications Inc. are bolstering their cloud initiatives with the establishment of the cloud center of excellence......»»
Telco licensing needs to be reformed – study
The government has to revamp the licensing system for connectivity providers as an initial step to bringing down the cost of internet as well as improving accessibility and reliability, according to a study......»»
Globe gets P5 billion from sale of towers
Telco-to-tech provider Globe Telecom Inc. raised almost P5 billion from the sale of towers in the first quarter, providing it with some of the capital needed to upgrade services and pay debts......»»
PLDT puts up new unit for data centers
Telco leader PLDT Inc. has formed a new unit under its technology arm, delegating it with the task of building and operating data centers......»»
PLDT taps ACEN for renewable shift
Telco leader PLDT Inc. is doubling down on efforts to mitigate its carbon emissions, tapping the help of ACEN Corp. in switching dozens of facilities to renewable energy......»»
‘NOW plea to nullify NTC circular still pending before CA’
The petition of NOW Telecom Co. Inc. to have the National Telecommunications Commission bidding guidelines for the entry of a new major player in the telco industry declared unconstitutional is still pending before the Court of Appeals, the company said yesterday......»»
PLDT close to settling US lawsuit
Telco giant PLDT Inc. is inching closer in settling a class action suit filed by investors in the US over its budget fiasco in 2022......»»
PLDT back on growth track, doubles profit to P26.61 billion
Telco leader PLDT Inc. returned to growth mode in 2023 as its profit doubled from a year ago, as it cleaned up the P33-billion budget overrun that messed up its balance sheet in 2022......»»
PLDT borrows P1 billion in green loans
Telco giant PLDT Inc. has borrowed P1 billion from the green loan facility of HSBC Philippines to bankroll the expansion and upgrade of its fiber network......»»
ADB lends P2.4 billion to iSON for buildup of telco towers
The Asian Development Bank is extending P2.4 billion in loans to iSON Tower Limited Inc. to bankroll the construction and operation of 800 shared telecommunication towers in the country......»»
PLDT: Disputes in final terms led to aborted Sky Cable buyout
Telco giant PLDT Inc. said it failed to agree with Sky Cable Corp. on the commercial terms of their P6.75-billion merger, leaving them no choice but to call off the deal abruptly......»»
Sky-high debt a major factor in aborted cable TV merger
It was a ‘til debt do us part’ of sorts that caused the collapse of talks between telco giant PLDT Inc. and Sky Cable Corp.’s parent firm ABS-CBN, industry sources said......»»
PLDT-Sky Cable merger unplugged
Telco giant PLDT Inc. will no longer pursue its P6.75-billion buyout of Sky Cable Corp., marking the second time a deal between the two was called off......»»
Maharlika fund eyes JV for rural telco towers
The Maharlika Investment Corp.is in the process of tapping foreign partners for a joint venture in building telecommunication towers in rural areas in a bid to address the digital gap......»»
PLDT Global taps NGA 911’s emergency response system
PLDT Global Corp., the international unit of the local telco giant, is enabling US-based technology solutions provider Next Generation Advanced 911 (NGA 911) to help boost emergency response systems in the Philippines with advanced technology, delivered through the nationwide PLDT network infrastructure......»»
Telcos jobs safe from shift to AI, execs assure workers
Nearly 30,000 Filipinos working in the telco industry are safe from getting laid off as a result of automation, as their bosses guarantee they will be reassigned, not removed, if their jobs are taken over by artificial intelligence......»»
Flagship Ayala companies on tight budget this year
The Ayala Group is slashing its capital expenditures for the second year in a row, as its flagship property and telco segments cut their respective budgets to maximize existing assets......»»
Globe sets 2024 capex at P55 billion, a 5-year low
Mobile giant Globe Telecom Inc. is bringing down its capital expenditures to a five-year low of P55 billion in 2024, as the telco works on attaining a certain cost efficiency for financial health......»»
Globe, UK Embassy partner to bolster Philippines cybersecurity
Telco giant Globe Telecom has linked up with the British Embassy to bolster the country’s digital infrastructure defenses......»»
PLDT buys 35% of Meralco unit
Telco giant PLDT Inc. is showing no signs of slowing down its broadband expansion, this time investing P2.12 billion to acquire more than a third of shares in a sister subsidiary......»»