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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......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2024

PLDT proposes $3 million settlement in US budget mess suit

Integrated telco PLDT Inc. has proposed to settle $3 million, or around P165 million, to resolve a class action suit filed against it in the US over its budget fiasco......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 21st, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 19th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 19th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 19th, 2024

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......»»

Category: newsSource:  philstarRelated NewsFeb 7th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 5th, 2024

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......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

BOI gives green lane to P150 billion telco project

The Board of Investments has approved a P150 billion Malaysian telecommunications infrastructure project for green lane processing, noting its role in introducing new technologies in the country......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

PLDT eyes new president

Telco giant PLDT Inc. may appoint within the year a new president and CEO who will be tasked to lead the company in a period of growth uncertainty......»»

Category: financeSource:  philstarRelated NewsJan 18th, 2024

Dito wants to capture 20 percent of market

Telco newcomer Dito Telecommunity Inc. has set its sights on cornering up to 20 percent of the market for mobile users, as the company shifts its focus from network expansion to customer acquisition......»»

Category: financeSource:  philstarRelated NewsJan 15th, 2024

Sandigan junks forfeiture vs Marcos crony-owned telco

The Sandiganbayan has dismissed a forfeiture case against several alleged cronies of the late dictator Ferdinand Marcos Sr. and his widow, former first lady Imelda Marcos, seeking to recover in favor of the government shares of stocks in Eastern Telecommunications Philippines Inc., allegedly illegally acquired during martial law......»»

Category: newsSource:  philstarRelated NewsJan 12th, 2024

More Pinoys identify with Marcos than Duterte – poll

A majority of Filipinos identify themselves either as pro-Marcos administration or pro-Duterte family, with most of them saying they support the current President more than his predecessor, according to a survey on political preference conducted by the OCTA Research Group......»»

Category: newsSource:  philstarRelated NewsApr 9th, 2024

More Pinoys identify with Marcos than Duterte – poll

A majority of Filipinos identify themselves either as pro-Marcos administration or pro-Duterte family, with most of them saying they support the current President more than his predecessor, according to a survey on political preference conducted by the OCTA Research Group......»»

Category: newsSource:  philstarRelated NewsApr 9th, 2024

Marcos inaction emboldens local officials to justify ‘drug war’ killings — rights group

In March, Davao City Mayor Sebastian Duterte announced his campaign against illegal drugs, the same strategy employed by his father, Rodrigo Duterte, both during his time as mayor of the southern Philippine city and later during his presidency from 2016 to 2022......»»

Category: newsSource:  philstarRelated NewsApr 8th, 2024

Baste Duterte: No order to kill drug suspects

Davao City Mayor Sebastian Duterte has clarified that he did not order policemen to kill suspects when he declared a new war on drugs in the city. What he said was that he himself would kill the drug suspects, he clarified......»»

Category: newsSource:  philstarRelated NewsApr 5th, 2024

Duterte revocation of Trillanes amnesty unconstitutional – SC

The Supreme Court has voided an order issued by former president Rodrigo Duterte revoking the amnesty granted to former senator Antonio Trillanes IV......»»

Category: newsSource:  philstarRelated NewsApr 5th, 2024

Sara, Robin sa 2028 namumuro

Si Senador Robin Padilla ang itatambal kay Vice President Sara Duterte sa 2028 presidential elections sakaling umatras si dating Pangulong Rodrigo Duterte na maging running mate ang anak, ayon kay dating Chief Presidential Legal Counsel Salvador Panelo. The post Sara, Robin sa 2028 namumuro first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 4th, 2024

Assertion on Duterte’s ‘gentleman’s agreement’ with China exaggerated – Imee

There was a bit of exaggeration in the assertion of retired Supreme Court justice Antonio Carpio that former president Rodrigo Duterte gave up the Philippines’ ownership of Ayungin Shoal under the guise of a “gentlemen’s agreement” with China, according to Sen. Imee Marcos......»»

Category: newsSource:  philstarRelated NewsApr 1st, 2024