Manuel V. Pangilinan wanted to help termite ridden PAL, but plans have changed. With PLDT in a new relationship with the Gokongwei family, who owns Cebu Pacific, getting PAL to directly compete with its new partner might not be such a good idea. MVP: “PAL does need a bit of help to make it the [...]
Troll: I love the new logo! Spoke to a lot of haters already, but I’m still psyched by the fact that Smart has finally stepped out of its comfort zone in terms of its master symbol (This is Smart’s fourth change since 1993; the first two logo evolutions were so-so, but this time, Smart got [...]
Bayan Muna Rep. Teddy Casiño is royally irked. And he has thought of three reasons why! 1. The share and swap deal between PLDT and Digitel, creates (or tends to create), a monopoly and is therefore unconstitutional. Section 19, Art. XII of the 1987 Constitution states: “The State shall regulate or prohibit monopolies when the [...]
According to QC Rep. Winston Castelo, PLDT’s and Digitel’s government awarded franchises require them to report to Congress any change in ownership so that the House and the Senate could give clearance. Winston added that PLDT and Digitel cannot use the legislative privileges given to them and that they would need to get a new [...]
PLDT and Digital have officially accepted the conditions set by the NTC to approve their merger. PLDT Manifestation to the NTC: “PLDT respectfully manifests its acceptance of all the conditions as set out… (in) the decision.” Digitel Statement to the NTC: “(Digitel) respectfully manifests its acceptance of all of the terms and conditions as set [...]
Globe is in denial I guess, or retarded. Globe has welcomed PLDT’s acquisition of Digital, to be more specific, Globe is happy with the two conditions set by the NTC to authorize the deal: 1. PLDT is to divest itself of one of its third-generation (3G) frequencies. 2. PLDT is to continue offering UNLI services [...]
PLDT stocks increased 1.8% to P2,306! Digital gained 1.3% to P1.53, the highest the stock has reached since October 11; JG Summit Holdings Inc. advanced 3.7% to P25.25, its highest since August 5. PLDT is planning to make a tender offer to minority shareholders of Digitel. Joey Roxas, Eagle Equities President: “What Digitel shareholders are [...]
Vox Populi!