ABS-CBN | June 17, 2011 |Â Lenie Lectura
MANILA, Philippines - Philippine Long Distance Telephone Co. (PLDT) and Globe Telecom Inc. kept mum on a new directive from Malacañang that authorizes the Department of Justice (DOJ) to investigate cases involving violations of competition laws.
.....
Read full article...
ABS-CBN | June 17, 2011 |Â Lenie Lectura
MANILA, Philippines - Philippine Long Distance Telephone Co. (PLDT) and Globe Telecom Inc. kept mum on a new directive from Malacañang that authorizes the Department of Justice (DOJ) to investigate cases involving violations of competition laws.
.....
Read full article...
Tabula Inc., a privately held fabless semiconductor company, announced it has secured $108 million in Series D funding. Tabula will use the new capital to accelerate production of their 3PLD ABAX product family, expand customer and partner support infrastructures, and further next-generation product development...
TOKYO-Japanese telecom giant NTT DoCoMo Inc. posted weaker year-over-year third-quarter fiscal 2005 results. For the nine months ended Dec. 31, the consolidated results for DoCoMo and its subsidiaries included an operating revenue decrease of 1.7 percent, an operating revenue decline of 7.7 percent and...
TOKYO-Japanese telecom giant NTT DoCoMo Inc. posted weaker year-over-year third quarter fiscal 2005 results. For the nine months ended Dec. 31, 2005, the consolidated results for DoCoMo and its subsidiaries included an operating revenue decrease of 1.7 percent, an operating revenue decline of 7.7...
TOKYO-Japanese wireless carrier NTT DoCoMo Inc. plans to invest an additional $300 million in the top Philippine wireless carrier, Philippine Long Distance Telephone, according to a public statement by President Gloria Arroyo of the Philippines. During a nationally televised roundtable with her economic advisers,...
NEW BRUNSWICK, N.J.-Arbinet-thexchange Inc., which is an electronic market for trading, routing and settling communications capacity, launched DirectAxcess.The service allows fixed and mobile network operators to buy and sell termination to branded networks in a transparent and nonanonymous environment, said the company. The service...
MANILA, The Philippines-Digital Telecommunications (Digitel), owned by the Gokongwei conglomerate, has expressed confidence that an interconnection agreement will be reached within this quarter with Globe Telecom, owned by the Ayala group of companies. Globe Telecom President Gerardo Ablaza also confirmed that the two companies...
MANILA, The Philippines-Saddled with heavy debts resulting from the East Asian financial crisis in 1997 and the continued downturn of the global economy, Pilipino Telephone Corporation (Piltel), the mobile-phone subsidiary of telecommunications giant Philippine Long Distance Telephone (PLDT), was the country's biggest money loser...
MANILA, The Philippines-The Department of Transportation and Communications (DOTC) has advised Smart Communications, Globe Telecom, and Digital Telecommunications (Digitel) to stop squabbling and expand customer services instead. "Instead of bickering, cellular service providers could very well put their financial resources and profits to better...
MANILA, The Philippines-International telecommunications giant AT&T is considering telecommunications companies like Philippine Long Distance Telephone (PLDT), Smart Communications and Ayala-owned Globe Telecom as partners for its US$300 million network expansion in the Philippines. The move is part of AT&T's global network expansion this year,...
MANILA, The Philippines-The recent major buy-in by the Gokongwei group, a multibillion-dollar conglomerate that is involved in virtually every aspect of Philippine business, of the New York Stock Exchange-listed telecommunications firm Philippine Long Distance Telephone Company (PLDT) is expected to considerably change the country's...
MANILA, The Philippines—Smart Communications, considered the Philippines' leading mobile-phone service provider, plans to go public next year and list one-third of its outstanding shares in the local stock exchange. A wholly owned subsidiary of telecommunications giant Philippine Long Distance Telephone (PLDT), Smart is permitted...
MANILA, The Philippines—Due to the solid performance of its mobile-phone subsidiary Smart Communications, Philippine Long Distance Telephone (PLDT) net earnings last year more than tripled to 3.4 billion Philippine pesos (US$66.9 million) from 1.1 billion pesos (US$21.7 million) in 2000. Minus the net income...
FRAMINGHAM, Massachusetts, United States—NMS Communications said the Philippines' IdeaWurx selected its technology to power a short message service (SMS) technology used by Globe Telecom and Philippine Long Distance Telephone Company (PLDT).IdeaWurx's technology allows messages to be created via voice prompts over the telephone and...
NEW YORK-Asia Cellular Satellite System, Jakarta, Indonesia, announced the commercial debut Sept. 27 of its dual-mode satellite and GSM 900 voice, fax, Internet, paging and data communications.The carrier said it is marketing the service under the brand name BYRU, a derivation of the Indonesian...
MANILA, the Philippines-Globe Telecom, the second-largest cellular phone operator in the Philippines, announced a $2.3 billion merger with another Philippine wireless service provider, Isla Communications. The agreement allows Ayala Corp., Singapore Telecom and Deutsche Telekom to partner in the country.Globe Telecom is a joint...
MANILA, The Philippines-Globe Telecom, the second-largest cellular telephone operator in the Philippines, announced a US$2.3 billion merger with another Philippine wireless service provider, Isla Communications. The agreement allows Ayala Corp., Singapore Telecom and Deutsche Telekom to partner on the island nation.Globe Telecom is a...
SINGAPORE-After two years of bad debts and line terminations, wireless operators in the economically worst-hit Asian nations of Indonesia, Thailand, the Philippines and Malaysia can finally look forward to better times ahead.Analysts say economic recovery combined with the growing acceptance of prepaid will help...
The highly competitive wireless market in the Republic of the Philippines-with five carriers serving some 70 million people-is perhaps the most ripe for consolidation compared with all Southeast Asian countries.With cellular companies burdened with the devaluation of the Philippine peso against the dollar, mandatory...
Sagem SA, a French manufacturer, plans to supply Global System for Mobile communications handsets to Omnipoint Communications Inc., a personal communications services operator. According to the contract, valued at $10 million, Omnipoint will offer two models of Sagem SA's GSM phone: the CS610 and the...
L.M. Ericsson announced its subsidiary, Ericsson Australia Pty. Ltd., has signed a contract to install a switching system for 4,000 mobile telephones in Rangoon, Burma's capital. Ericsson said it will also build four radio transmitting stations to expand the city's phone network. This is...
InterDigital Communictaions Corp. said it received an order for UltraPhone digital wireless local loop equipment valued at $17.6 million from the Philippine Long Distance Telephone Co. Installation in metropolitan Manila is scheduled to begin the second half of this year. The Myanma Posts and...
