ANASTACIO P

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                    [ArticleID] => 225788
                    [Title] => Premiere takes 97% stake in Nextmobile for P6.58-B
                    [Summary] => Shareholders of  Premiere Entertainment Productions Inc. have approved the company’s planned acquisition of 97 percent interest in Nextmobile Inc. (formerly Nextel Communications Phils. Inc.) for P6.58 billion.


In a disclosure to the Philippine Stock Exchange, PEP president and chief executive officer Anastacio P. Diaz Jr. said shareholders also approved  the change in the firm’s primary purpose from entertainment to telecommunications.  In view of this, PEP will be renamed Net Communications Inc.


                    [DatePublished] => 2003-10-28 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 221717
                    [Title] => Premiere Entertainment acquires control of Next Mobile for P6.5-B
                    [Summary] => Publicly-listed movie production outfit Premiere Entertainment Productions Inc. will acquire a controlling interest in telecommunications firm Nextmobile Inc. for P6.58 billion, the company told the Philippine Stock Exchange (PSE).


Nextmobile (formerly Nextel Communications Phils. Inc.) is owned by a consortium composed of Finnish, Swedish, American and Filipino entrepreneurs led by Mel Velarde.


PEP president and chief executive officer Anastacio P. Diaz Jr. said the acquisition will be done through a share-swap transaction.


                    [DatePublished] => 2003-09-23 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [2] => Array
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                    [ArticleID] => 212192
                    [Title] => Premiere Entertainment eyes merger with Nextmobile Inc
                    [Summary] => Publicly-listed movie firm Premiere Entertainment Productions Inc. (PEP) is considering a merger with Nextmobile Inc. (formerly Nextel Communications Phils. Inc.) in line with plans to redirect its core operations to telecommunications and information technology businesses.


                    [DatePublished] => 2003-07-02 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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Premiere takes 97% stake in Nextmobile for P6.58-B

By Zinnia B. Dela Peña | October 28, 2003 - 12:00am

Shareholders of Premiere Entertainment Productions Inc. have approved the company’s planned acquisition of 97 percent interest in Nextmobile Inc. (formerly Nextel Communications Phils. Inc.) for P6.58 billion. In...

Business

Premiere Entertainment acquires control of Next Mobile for P6.5-B

By Zinnia B. Dela Peña | September 23, 2003 - 12:00am

Publicly-listed movie production outfit Premiere Entertainment Productions Inc. will acquire a controlling interest in telecommunications firm Nextmobile Inc. for P6.58 billion, the company told the Philippine Stock...

Business

Premiere Entertainment eyes merger with Nextmobile Inc

By Zinnia B. Dela Peña | July 2, 2003 - 12:00am

Publicly-listed movie firm Premiere Entertainment Productions Inc. (PEP) is considering a merger with Nextmobile Inc. (formerly Nextel Communications Phils. Inc.) in line with plans to redirect its core operations...

Business