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                    [ArticleID] => 202786
                    [Title] => ABS-CBN may close down more units
                    [Summary] => Beleaguered broadcasting giant ABS-CBN Broadcasting Corp. plans to further trim  its operational cost after having closed six losing subsidiaries in 2002. 


ABS-CBN chief finance officer Randolph T. Estrellado said that while all remaining subsidiaries have been annexed into their core businesses, the company is assessing these firms’ operations to determine what areas can be whittled down to ensure leaner and tighter organizations. 


                    [DatePublished] => 2003-04-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
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                    [ArticleID] => 202668
                    [Title] => ABS-CBN allots P1.5-B for capex this year
                    [Summary] => The Lopez-owned ABS-CBN Broadcasting Corp. is allotting P1.5 billion for its capital expenditure requirements this year which include the expansion of its broadcasting operations to Europe and possibly, Canada.


ABS-CBN chief financial officer Randolph Estrellado said the company is considering expanding its operations in Europe as part of efforts to tap the large market of Filipino workers abroad and to augment the TV network’s income.


Estrellado said ABS-CBN will form a new international company that will serve as the vehicle for its planned venture.


                    [DatePublished] => 2003-04-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 202495
                    [Title] => ABS-CBN profit jumps to P107-M in first quarter
                    [Summary] => Buoyed by a strong recovery in advertising spending, profits of ABS-CBN Broadcasting Corp. jumped to P107 million in the first quarter of the year.


ABS-CBN chief financial officer Randolph T. Estrellado said the company’s impressive performance was driven by higher revenues and successful cost-reduction efforts. 


Consolidated airtime revenues grew 31 percent to P2.16 billion in the first three months of the year.


"If the economy remains stable, I believe that we could sustain our income growth for the rest of the year," Estrellado said. 


                    [DatePublished] => 2003-04-13 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
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HONGKONG CLUB

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                    [ArticleID] => 202786
                    [Title] => ABS-CBN may close down more units
                    [Summary] => Beleaguered broadcasting giant ABS-CBN Broadcasting Corp. plans to further trim  its operational cost after having closed six losing subsidiaries in 2002. 


ABS-CBN chief finance officer Randolph T. Estrellado said that while all remaining subsidiaries have been annexed into their core businesses, the company is assessing these firms’ operations to determine what areas can be whittled down to ensure leaner and tighter organizations. 


                    [DatePublished] => 2003-04-15 00:00:00
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                    [ArticleID] => 202668
                    [Title] => ABS-CBN allots P1.5-B for capex this year
                    [Summary] => The Lopez-owned ABS-CBN Broadcasting Corp. is allotting P1.5 billion for its capital expenditure requirements this year which include the expansion of its broadcasting operations to Europe and possibly, Canada.


ABS-CBN chief financial officer Randolph Estrellado said the company is considering expanding its operations in Europe as part of efforts to tap the large market of Filipino workers abroad and to augment the TV network’s income.


Estrellado said ABS-CBN will form a new international company that will serve as the vehicle for its planned venture.


                    [DatePublished] => 2003-04-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [AuthorName] => Zinnia B. Dela Peña
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                    [ArticleID] => 202495
                    [Title] => ABS-CBN profit jumps to P107-M in first quarter
                    [Summary] => Buoyed by a strong recovery in advertising spending, profits of ABS-CBN Broadcasting Corp. jumped to P107 million in the first quarter of the year.


ABS-CBN chief financial officer Randolph T. Estrellado said the company’s impressive performance was driven by higher revenues and successful cost-reduction efforts. 


Consolidated airtime revenues grew 31 percent to P2.16 billion in the first three months of the year.


"If the economy remains stable, I believe that we could sustain our income growth for the rest of the year," Estrellado said. 


                    [DatePublished] => 2003-04-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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ABS-CBN may close down more units

By Rocel Felix | April 15, 2003 - 12:00am

Beleaguered broadcasting giant ABS-CBN Broadcasting Corp. plans to further trim its operational cost after having closed six losing subsidiaries in 2002. ABS-CBN chief finance officer Randolph T. Estrellado said...

Business

ABS-CBN allots P1.5-B for capex this year

By Zinnia B. Dela Peña | April 14, 2003 - 12:00am

The Lopez-owned ABS-CBN Broadcasting Corp. is allotting P1.5 billion for its capital expenditure requirements this year which include the expansion of its broadcasting operations to Europe and possibly, Canada. ABS-CBN...

Business

ABS-CBN profit jumps to P107-M in first quarter

By Zinnia B. Dela Peña | April 13, 2003 - 12:00am

Buoyed by a strong recovery in advertising spending, profits of ABS-CBN Broadcasting Corp. jumped to P107 million in the first quarter of the year. ABS-CBN chief financial officer Randolph T. Estrellado said the...

Business