+ Follow NEXTEL COMMUNICATIONS PHILS Tag
NEXTEL COMMUNICATIONS PHILS
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[ArticleID] => 229179
[Title] => Premiere Entertainment Productions completes buyout of Next Mobile Inc
[Summary] => Premiere Entertainment Productions Inc. has signed an agreement with shareholders of Next Mobile Inc. for the acquisition of a controlling interest in the telecommunications firm.
In a disclosure to the Philippine Stock Exchange yesterday, PEP said it had entered into a memorandum of agreement with Top Mega Enterprises Ltd., Joycelink Holdings Ltd., Gamboa Holdings Inc., Emerald Investments Inc., Foodcamp Industries and Marketing Inc. for their purchase of PEP shares in exchange for a 97 percent stake in Next Mobile.
[DatePublished] => 2003-11-25 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[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
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 221717
[Title] => Premiere Entertainment acquires control of Next Mobile for P6.5-B
[Summary] => Publicly-listed movie production outfit Premiere Entertainment Productions Inc. will acquire a controlling interest in telecommunications firm Nextmobile Inc. for P6.58 billion, the company told the Philippine Stock Exchange (PSE).
Nextmobile (formerly Nextel Communications Phils. Inc.) is owned by a consortium composed of Finnish, Swedish, American and Filipino entrepreneurs led by Mel Velarde.
PEP president and chief executive officer Anastacio P. Diaz Jr. said the acquisition will be done through a share-swap transaction.
[DatePublished] => 2003-09-23 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 213265
[Title] => Next Mobile chief to speak in WCA gab
[Summary] => Mel Velarde, the president and CEO of Next Mobile Inc. in the Philippines, will give the keynote address on July 11 at WCA 2003 in Washington DC about his company’s nationwide rollout of wireless broadband services and successful turnaround of his mobile telephony business, the Wireless Communications Association (WCA) announced yesterday. WCA 2003, the wireless broadband industry’s premier annual show, is run by the industry’s trade association WCA from July 8 to 11 in the new Washington Convention Center.
[DatePublished] => 2003-07-11 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] =>
)
[4] => Array
(
[ArticleID] => 212192
[Title] => Premiere Entertainment eyes merger with Nextmobile Inc
[Summary] => Publicly-listed movie firm Premiere Entertainment Productions Inc. (PEP) is considering a merger with Nextmobile Inc. (formerly Nextel Communications Phils. Inc.) in line with plans to redirect its core operations to telecommunications and information technology businesses.
[DatePublished] => 2003-07-02 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 207620
[Title] => SC says RTC may proceed with case vs former telecom exec
[Summary] => The Supreme Court is set to direct the Regional Trial Court of Pasig City to proceed with the hearings on a case filed against a former top telecommunications executive for the payment of money totalling P5 million both in unpaid company loans and damages.
[DatePublished] => 2003-05-26 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 205315
[Title] => NTC dismisses charges vs Nextel
[Summary] => The National Telecommunications Commission (NTC) has finally settled the dispute regarding the ownership structure of Nextel Communications Phils. Inc.(now known as Next Mobile, Inc.) after it ruled that the mobile phone company has fully complied with the constitutional limitations on foreign ownership.
This as the NTC dismissed the charges filed by former Nextel chief executive officer Antonio Urera questioning the company’s shareholding structure.
[DatePublished] => 2003-05-08 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 143349
[Title] => Nextel Phils eyes profit next year
[Summary] => After three years of being in the red, trunk radio operator Nextel Communications Phils., Inc. expects to finally be in the black next year with a projected net income of P20 million.
And while it may not be putting in new money in its local unit Nextel International Inc. (NII) said it is not abandoning the Philippines but merely reviewing its operations here.
Nextel president Emilio Festejo told reporters yesterday that the Philippines is the only local unit of NII that temporarily does not enjoy any financial support from its parent firm.
[DatePublished] => 2001-12-12 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 134817
[Title] => NTC eases rules on cell site construction
[Summary] => Cellular mobile telephone service (CMTS) operators no longer need prior government approval for the construction of radio base or cell stations.
In a just released memorandum circular, the National Telecommunications Commission (NTC) said this will assist CMTS operators to respond quickly to the demand for cellphone service using the latest technology in radio transceivers and to provide the prescribed quality of service.
[DatePublished] => 2001-09-26 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 134299
[Title] => Globe, Nextel resolve dispute
[Summary] => Leading mobile phone service provider and local exchange carrier Globe Telecom and trunk radio operator Nextel Communications Phils. Inc. have finally resolved their long-standing dispute after signing an agreement yesterday that lays out the commercial terms of their interconnection.
[DatePublished] => 2001-09-20 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
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December 12, 2001 - 12:00am
September 26, 2001 - 12:00am
September 20, 2001 - 12:00am
