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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

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......»»

Category: financeSource:  philstarRelated NewsMar 26th, 2024

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......»»

Category: newsSource:  philstarRelated NewsMar 15th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 8th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 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

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

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

PLDT rings in P9.8 B profit in Q1, up by 9%

PLDT, the country’s largest telco, is adjusting well to the shrinking market for broadband products and spiraling cost of goods and services as it generated earnings of almost P10 billion in the first quarter of the year......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

PLDT cited among world’s best procurement teams

The country’s largest integrated telco, PLDT, is among the global organizations recognized at the prestigious World Procurement Awards 2024, for having achieved procurement excellence......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

PLDT completes P2 billion investment in Radius

PLDT Inc. has placed a P2 billion investment in a unit of a sister company, marking another expansion for the telco leader working on solidifying its industry dominance......»»

Category: financeSource:  philstarRelated NewsMay 2nd, 2024

Dito na si Marian at Dingdong

Entertainment power couple Dingdong Dantes and Marian Rivera just turned up the heat at Dito Telecommunity by becoming their latest endorsers under the third telco player’s campaign “Dito sa puso ko.”.....»»

Category: financeSource:  philstarRelated NewsApr 11th, 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

Batang Pier clamp down on Bolts, notch 3rd straight win

The pesky NorthPort Batang Pier staged a defensive masterclass and grinded their way to their third straight win at the expense of the Meralco Bolts, 90-85, in the PBA Philippine Cup at the Smart Araneta Coliseum on Sunday......»»

Category: newsSource:  philstarRelated NewsMar 10th, 2024

[OPINION] The CPP-NPA’s 3rd Rectification Movement is bad news to the peace process 

The Communist Party issues a statement about ‘waging protracted people’s war.’ Are these the words of an organization truly committed to peace talks with the government?.....»»

Category: newsSource:  rapplerRelated NewsJan 15th, 2024

Late mishap drops Saso to joint 3rd with 66

Yuka Saso faltered at the finish, missing out on a share of the clubhouse lead and slipping to joint third with an eagle-boosted 66, trailing Canadian Maude-Aimee Leblanc by two at the start of the FIR Hills Seri Pak Championship.....»»

Category: sportsSource:  philstarRelated NewsMar 22nd, 2024

Road Warriors overcome 3rd-quarter slump vs FiberXers

Usually struggling in the third quarter, the NLEX Road Warriors flipped the script and ran away with a massive 115-93 victory over the Converge FiberXers in their PBA Philippine Cup clash on Saturday......»»

Category: sportsSource:  philstarRelated NewsMar 10th, 2024