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The Court of Appeals (CA) has affirmed its ruling last year allowing rehabilitation of debt-ridden Express Telecommunications Co. Inc. (Extelcom) by junking the bid of Lopez-controlled Bayan Telecommunications Inc. (Bayantel) and Marifil Holdings Corp. to stop the Securities and Exchange Commission (SEC) from implementing the plan.
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                    [Title] => Extelcom urges National Telecommunications Commission to promote competition
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MANILA, Philippines – Express Telecommunications Co. (Extelcom) has asked the National Telecommunications Commission (NTC) to adopt several policies that would further promote domestic competition, even as it stressed that the mobile communications industry remains lucrative.
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Express Telecommunications (Extelcom) is re-entering the cellular mobile telephone service (CMTS) business through a $1.3-billion, 10-year infrastructure rollout and a shift from its old analog service to one that uses the latest digital technology.
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                    [Title] => SMC ally nixes hostile takeover of Extelcom
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MANILA, Philippines - Trans Digital Excel, the creditor-turned-shareholder of Express Telecommunications Co. has dispelled the possibility of a hostile takeover of Extelcom, even as it refuted Bayan Telecommunications’ claim of an illegal dilution of the Lopez Group’s Marifil Holdings Corp.’s shares in Extelcom.
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MARIFIL HOLDINGS CORP

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MANILA, Philippines - Trans Digital Excel, the creditor-turned-shareholder of Express Telecommunications Co. has dispelled the possibility of a hostile takeover of Extelcom, even as it refuted Bayan Telecommunications’ claim of an illegal dilution of the Lopez Group’s Marifil Holdings Corp.’s shares in Extelcom.
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abtest

Court of Appeals affirms Extelcom rehab ruling

By Edu Punay | January 1, 2010 - 12:00am

The Court of Appeals (CA) has affirmed its ruling last year allowing rehabilitation of debt-ridden Express Telecommunications Co. Inc. (Extelcom) by junking the bid of Lopez-controlled Bayan Telecommunications Inc....

Business

Extelcom urges National Telecommunications Commission to promote competition

April 7, 2009 - 12:00am

MANILA, Philippines – Express Telecommunications Co. (Extelcom) has asked the National Telecommunications Commission (NTC) to adopt several policies that would further promote domestic competition, even as...

Business

Extelcom allots $1.3 billion for cellphone re-entry

April 1, 2009 - 12:00am

Express Telecommunications (Extelcom) is re-entering the cellular mobile telephone service (CMTS) business through a $1.3-billion, 10-year infrastructure rollout and a shift from its old analog service to one that...

Business

SMC ally nixes hostile takeover of Extelcom

March 19, 2009 - 12:00am

MANILA, Philippines - Trans Digital Excel, the creditor-turned-shareholder of Express Telecommunications Co. has dispelled the possibility of a hostile takeover of Extelcom, even as it refuted Bayan Telecommunications’...

Business