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Ayala-led Globe Telecom Inc. is confident of turning cash-strapped Bayan Telecommunications Holdings Inc. (Bayantel) around amid questions from rival Philippine Long Distance Telephone Co. (PLDT) about the financial benefits of the planned acquisition.

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Dominant carrier Philippine Long Distance Telephone Co. (PLDT) is questioning the intention of Ayala-led Globe Telecom Inc. in acquiring cash-strapped Bayan Telecommunications Holdings Inc. (Bayantel).

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Ayala-led Globe Telecom Inc. has asked the Court of Appeals (CA) to lift the temporary restraining order (TRO) preventing the National Telecommunications Commission (NTC) from acting on the planned take over of cash-strapped Bayan Telecommunications Holdings Inc. (Bayantel).

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                    [Title] => Globe says no need to auction Bayantel frequencies
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Ayala-led Globe Telecom Inc. is strongly opposing the proposal of rival Philippine Long Distance Telephone Co. (PLDT) that the National Telecommunications Commission (NTC) auction off the radio frequency of cash-strapped Bayan Telecommunications Holdings Inc. (Bayantel).

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                    [Title] => Globe secures P7-B Landbank loan to fund 2014 capex
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Ayala-led Globe Telecom Inc. has borrowed P7 billion from Land Bank of the Philippines (Landbank) to fund its capital expenditures for next year, a company official informed the Philippine Stock Exchange (PSE) yesterday.

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Multimedia giant ABS-CBN Corp. has initially launched its foray into the telecommunications business to become a third player in the capital-intensive industry dominated by Smart Communications Inc. as well as Globe Telecom Inc.

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                    [Title] => PLDT opposes Globe acquisition of Bayantel
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Dominant carrier Philippine Long Distance Telephone Co. (PLDT) has opposed the planned takeover of Lopez-owned Bayan Telecommunications Holdings Inc. by Ayala-led Globe Telecom Inc.

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BAYAN TELECOMMUNICATIONS HOLDINGS INC

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Ayala-led Globe Telecom Inc. has asked the Court of Appeals (CA) to lift the temporary restraining order (TRO) preventing the National Telecommunications Commission (NTC) from acting on the planned take over of cash-strapped Bayan Telecommunications Holdings Inc. (Bayantel).

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Ayala-led Globe Telecom Inc. is strongly opposing the proposal of rival Philippine Long Distance Telephone Co. (PLDT) that the National Telecommunications Commission (NTC) auction off the radio frequency of cash-strapped Bayan Telecommunications Holdings Inc. (Bayantel).

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                    [Title] => PLDT opposes Globe acquisition of Bayantel
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abtest

Globe says it can turn Bayantel around

By Lawrence Agcaoili | February 3, 2015 - 12:00am

Ayala-led Globe Telecom Inc. is confident of turning cash-strapped Bayan Telecommunications Holdings Inc. (Bayantel) around amid questions from rival Philippine Long Distance Telephone Co. (PLDT) about the financial...

Business

PLDT questions Globe bid to acquire Bayantel

By Lawrence Agcaoili | February 2, 2015 - 12:00am

Dominant carrier Philippine Long Distance Telephone Co. (PLDT) is questioning the intention of Ayala-led Globe Telecom Inc. in acquiring cash-strapped Bayan Telecommunications Holdings Inc. (Bayantel).

Business

Globe seeks lifting of TRO on Bayantel takeover

By Lawrence Agcaoili | November 5, 2014 - 12:00am

Ayala-led Globe Telecom Inc. has asked the Court of Appeals (CA) to lift the temporary restraining order (TRO) preventing the National Telecommunications Commission (NTC) from acting on the planned take over of cash-strapped...

Business

Globe says no need to auction Bayantel frequencies

By Lawrence Agcaoili | November 1, 2014 - 12:00am

Ayala-led Globe Telecom Inc. is strongly opposing the proposal of rival Philippine Long Distance Telephone Co. (PLDT) that the National Telecommunications Commission (NTC) auction off the radio frequency of cash-strapped...

Business

ABS-CBN Mobile to launch postpaid services this year

By Lawrence Agcaoili | February 16, 2014 - 12:00am

Multimedia giant ABS-CBN Corp. will be launching postpaid services to subscribers of its mobile business within the year, a top company official said.

Business

Globe secures P7-B Landbank loan to fund 2014 capex

By Lawrence Agcaoili | December 6, 2013 - 12:00am

Ayala-led Globe Telecom Inc. has borrowed P7 billion from Land Bank of the Philippines (Landbank) to fund its capital expenditures for next year, a company official informed the Philippine Stock Exchange (PSE) ...

Business

ABS-CBN launches foray into telecom business

By Lawrence Agcaoili | November 20, 2013 - 12:00am

Multimedia giant ABS-CBN Corp. has initially launched its foray into the telecommunications business to become a third player in the capital-intensive industry dominated by Smart Communications Inc. as well as Globe...

Business

PLDT opposes Globe acquisition of Bayantel

By Lawrence Agcaoili | November 14, 2013 - 12:00am

Dominant carrier Philippine Long Distance Telephone Co. (PLDT) has opposed the planned takeover of Lopez-owned Bayan Telecommunications...

Business