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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 380251 [Title] => APC Group close to deal for sale of Philcom [Summary] => APC Group, controlled by leisure and gaming firm Belle Corp., is close to finalizing an agreement with a domestic carrier on the sale of its telecommunications unit Philippine Global Communications Inc., according to a top company official.
APC president Willy Ocier said while talks are ongoing, a deal is expected to be completed within the first quarter of the year.
He refused to identify the party it is selling Philcom to but hinted that the buyer is a dominant carrier. He said the buyer would assume Philcoms P5 billion debt.
[DatePublished] => 2007-01-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 354086 [Title] => APC resumes talks for sale of Philcom as Fiber withdraws bid [Summary] => APC Group, controlled by leisure and gaming firm Belle Corp., has revived talks with three groups of investors for the sale of its telecommunications unit Philippine Global Communications Inc. (Philcom) following the withdrawal of interest by Fiber Telecom.
During the companys annual meeting Thursday, APC president Willy Ocier said they are still bent on putting Philcom on the auction block even as Fiber Telecom has withdrawn its offer to purchase the debt-laden telecommunications firm.
[DatePublished] => 2006-08-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
FIBER TELECOM
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 380251 [Title] => APC Group close to deal for sale of Philcom [Summary] => APC Group, controlled by leisure and gaming firm Belle Corp., is close to finalizing an agreement with a domestic carrier on the sale of its telecommunications unit Philippine Global Communications Inc., according to a top company official.
APC president Willy Ocier said while talks are ongoing, a deal is expected to be completed within the first quarter of the year.
He refused to identify the party it is selling Philcom to but hinted that the buyer is a dominant carrier. He said the buyer would assume Philcoms P5 billion debt.
[DatePublished] => 2007-01-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 354086 [Title] => APC resumes talks for sale of Philcom as Fiber withdraws bid [Summary] => APC Group, controlled by leisure and gaming firm Belle Corp., has revived talks with three groups of investors for the sale of its telecommunications unit Philippine Global Communications Inc. (Philcom) following the withdrawal of interest by Fiber Telecom.
During the companys annual meeting Thursday, APC president Willy Ocier said they are still bent on putting Philcom on the auction block even as Fiber Telecom has withdrawn its offer to purchase the debt-laden telecommunications firm.
[DatePublished] => 2006-08-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Zinnia B. Dela Peña | January 16, 2007 - 12:00am
By Zinnia B. Dela Peña | August 22, 2006 - 12:00am
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