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                    [ArticleID] => 305299
                    [Title] => SEC okays Digitel capital hike to P3.8B
                    [Summary] => The Securities and Exchange Commission (SEC) has approved the plan of Digitel Mobile Phils. Inc., the cellular unit of the Gokongwei group, to raise its authorized capital stock to P3.8 billion from only P100 million.


The capital hike is intended to cover the mobile phone firm’s network expansion program aimed at strengthening its capacity to accommodate as much as six million subscribers by yearend.  Operating under the brand name Sun Cellular, Digitel Mobile has earmarked $200 million for its network expansion to compete with major rivals Smart and Globe.  


                    [DatePublished] => 2005-11-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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HUA WEI

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                    [ArticleID] => 305299
                    [Title] => SEC okays Digitel capital hike to P3.8B
                    [Summary] => The Securities and Exchange Commission (SEC) has approved the plan of Digitel Mobile Phils. Inc., the cellular unit of the Gokongwei group, to raise its authorized capital stock to P3.8 billion from only P100 million.


The capital hike is intended to cover the mobile phone firm’s network expansion program aimed at strengthening its capacity to accommodate as much as six million subscribers by yearend.  Operating under the brand name Sun Cellular, Digitel Mobile has earmarked $200 million for its network expansion to compete with major rivals Smart and Globe.  


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                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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abtest

SEC okays Digitel capital hike to P3.8B

By Zinnia B. Dela Peña | November 5, 2005 - 12:00am

The Securities and Exchange Commission (SEC) has approved the plan of Digitel Mobile Phils. Inc., the cellular unit of the Gokongwei group, to raise its authorized capital stock to P3.8 billion from only P100 million. The...

Business