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                    [ArticleID] => 225788
                    [Title] => Premiere takes 97% stake in Nextmobile for P6.58-B
                    [Summary] => Shareholders of  Premiere Entertainment Productions Inc. have approved the company’s planned acquisition of 97 percent interest in Nextmobile Inc. (formerly Nextel Communications Phils. Inc.) for P6.58 billion.


In a disclosure to the Philippine Stock Exchange, PEP president and chief executive officer Anastacio P. Diaz Jr. said shareholders also approved  the change in the firm’s primary purpose from entertainment to telecommunications.  In view of this, PEP will be renamed Net Communications Inc.


                    [DatePublished] => 2003-10-28 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
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NET COMMUNICATIONS INC

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                    [ArticleID] => 225788
                    [Title] => Premiere takes 97% stake in Nextmobile for P6.58-B
                    [Summary] => Shareholders of  Premiere Entertainment Productions Inc. have approved the company’s planned acquisition of 97 percent interest in Nextmobile Inc. (formerly Nextel Communications Phils. Inc.) for P6.58 billion.


In a disclosure to the Philippine Stock Exchange, PEP president and chief executive officer Anastacio P. Diaz Jr. said shareholders also approved  the change in the firm’s primary purpose from entertainment to telecommunications.  In view of this, PEP will be renamed Net Communications Inc.


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abtest

Premiere takes 97% stake in Nextmobile for P6.58-B

By Zinnia B. Dela Peña | October 28, 2003 - 12:00am

Shareholders of Premiere Entertainment Productions Inc. have approved the company’s planned acquisition of 97 percent interest in Nextmobile Inc. (formerly Nextel Communications Phils. Inc.) for P6.58 billion. In...

Business