www.businessmirror.com.ph — A NEW telco player wants to be the country’s newest 3G (third-generation) mobile phone operator. In its application filed before the National Telecommunications Commission (NTC), Schutzengel Telecom Inc. said it is requesting for the grant of a provisional authority to construct, install, operate and maintain a nationwide 3G mobile telecommunications system so it can offer 3G services nationwide… Continue…
Archive for the 'BusinessMirror' Category
PLDT sees P3-billion rise in core net profit
www.businessmirror.com.ph — THE Philippine Long Distance Telephone Co. (PLDT) is confident it will exceed last year’s earnings despite a very challenging third-quarter period which saw a shift in the spending priorities of consumers… Continue…
Bayan pays P167-M worth of debts
www.businessmirror.com.ph — BAYAN Telecommunications Inc. (Bayan) last month settled P166.8 million in interest payment to creditors… Continue…
Globe to spend P300M to repair equipment damaged by twin storms
www.businessmirror.com.ph — GLOBE Telecom Inc. is spending close to P300 million in repairing the damage to its network caused by typhoons Ondoy and Pepeng… Continue…
Smart Bro’s project gets NTC okay
www.businessmirror.com.ph — SMART Broadband Inc. (SBI), a subsidiary of Smart Communications Inc., was given the go ahead of the National Telecommunications Commission (NTC) last week to operate a more advanced technology involving data communications in far-flung areas that would cost the cellular firm P341.25 million… Continue…
PLDT accounts for the bulk of NTC regulatory earnings
www.businessmirror.com.ph — REGULATORY fees collected by the National Telecommunications Commission (NTC) from public telecommunications entities (PTEs) reached P1 billion this year, with phone giant Philippine Long Distance Telephone Co. (PLDT) paying the largest sum with P343.66 million… Continue…
Regulatory issues limit MVNO rollout this year
www.businessmirror.com.ph — PLDT Global Corp. (PGC) won’t be able to launch any new mobile virtual network operator (MVNO) deals for the remaining months of the year, said parent firm president Napoleon Nazareno… Continue…
Smart acquires new telco
www.businessmirror.com.ph — SMART Communications Inc. has fully acquired Primeworld Digital Systems Inc. (PDSI), a former Internet Service Provider turned full-pledged telecommunications firm, following the regulators’ green light obtained by the latter to transfer 50 million more shares to the cellular firm… Continue…
Smart subscribers take-up slower
www.businessmirror.com.ph — PHILIPPINE Long Distance Telephone Co. (PLDT) will report a growth of less than one million wireless subscribers for the third quarter from 38.5 million at end-June, said its president yesterday… Continue…
PLDT and SMART provide free calls, relief assistance to Ondoy victims
www.businessmirror.com.ph — THE Philippine Long Distance Telephone (PLDT) Group, through wireless subsidiary Smart Communications Inc. (Smart) and the PLDT-Smart Foundation, were among those that quickly came to the aid of communities affected by Tropical Storm Ondoy… Continue…
Smart rural mobile project gets fund aid
www.businessmirror.com.ph — SMART Communications Inc. (Smart) said was provided by the GSM Association (GSMA) with funding assistance to deliver mobile commerce solutions for remote rural communities… Continue…
Status quo decision on BellTel frequency allocation questioned
www.businessmirror.com.ph — TRANS Digital Excel Inc. (TDE), the majority shareholder of Express Telecommunications Co. Inc., questioned the recent decision of the National Telecommunications Commission (NTC) not to recall the frequencies assigned to Bell Telecommunications Philippines Inc. (BellTel), which have not been in use for 11 years… Continue…
BellTel gets cellular license extension
www.businessmirror.com.ph — BELL Telecommunications Philippines Inc. (BellTel) successfully sought regulatory approval for an extension of its cellular mobile telephone system (CMTS) permit even if it has yet to roll out the service… Continue…
PLDT expects ‘better’ third-quarter results
www.businessmirror.com.ph — PHILIPPINE Long Distance Telephone Co. (PLDT) sees “better” third-quarter profits compared with that of last year, its chairman Manuel V. Pangilinan said on Wednesday.
Pangilinan, who delivered the keynote speech during the 46th annual conference of the People Management Association of the Philippines, described the phone giant’s July-to-September performance as “better than last year” in terms of profit… Continue…
House retreats from text-tax bill
www.businessmirror.com.ph — MORE than a week after a bill imposing excise tax on every short-message service (SMS or text) and multimedia-message service (MMS) sent from mobile phones was approved in the House of Representatives’ ways and means committee, the panel on Tuesday agreed to conduct more hearings on the measure amid strong public opposition… Continue…
PLDT buys back P30M in shares
www.businessmirror.com.ph — TELECOMMUNICATIONS giant Philippine Long Distance Telephone Co. (PLDT) on Friday bought back more than 13,000 of its own shares worth P30 million.
The phone giant disclosed to the Philippine Stock Exchange that it had purchased a total of 13,210 of its shares worth a total of P30.3 million. The purchase, it said, was part of a share buyback program approved by its board of directors in August and December 2008… Continue…
