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Globe fires up first 700-MHz site

2016-06-07 02:00:00| Total Telecom industry news

Filipino operator plans to switch on 200 base stations following San Miguel deal.

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M&As this week: Philippine Long Distance Telephone Company (PLDT), Globe Telecom.

2016-06-03 01:00:00| Food Processing Technology

San Miguel Corporation (SMC), a Philippines-based food and beverage company, has entered an agreement with Philippine Long Distance Telephone Company (PLDT) and Globe Telecom, Inc. to sell its telecommunication business, Vega Telecom Inc.

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PLDT, Globe acquire San Miguel's telco assets for 1bn

2016-05-31 02:00:00| Total Telecom industry news

Filipino conglomerate pulls out of telecoms following failed J.V. talks with Telstra.

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Globe, PLDT buy San Miguel telecom assets for PHP 70 billion

2016-05-30 09:16:00| Telecompaper Headlines

(Telecompaper) San Miguel has agreed to sell its telecom assets to Philippines operators Globe Telecom and PLDT. Each company bought half of Vega Telecom (VTI), half of Bow Arken (BAHC) and half of Brightshare (BHC) for a total amount of PHP 26.4 billion (USD 1.5 billion ) in cash. VTI owns a stake in Liberty Telecom as well as stakes in a number of other companies, including Bell Telecommunication Philippines, Eastern Telecom Philippines, Express Telecom, and Tori Spectrum Telecom, among others. The total enterprise valuation of VTI, BAHC and BHC was estimated at PHP 70.0 billion, including total liabilities of PHP 17.2 billion. 

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US leads globe in oil production for third year

2016-05-24 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Climate Central: The U.S. led the world last year in producing both oil and gas, federal government estimates published Monday show, even as the country committed to cutting greenhouse gas emissions. The U.S. was the globe's leading producer of crude oil for the third year in a row in 2015. Government estimates show that crude oil production has continued to grow across the country, from nearly 8 million barrels of oil per day in 2008 to about 15 million in 2015. The U.S. produced about 14 million barrels per...

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