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News and Events

Share Prices of NOW Corp and Chelsea Logistics Mirror Vagaries of 3rd Telco Race

Not just the bidders but thousands of market investors also won and lost in the selection process

Dennis Uy, a Davao-based business tycoon and one of President Rodrigo Duterte’s biggest campaign contributors in the 2016 elections, is one step closer to becoming the operator of the country’s third major telecommunications company.Mislatel Consortium, which is composed of Uy’s Udenna Corp. ...

by Pauline Macaraeg  | November 07, 2018 06:00:00
News and Events

Meet the Contenders for the 3rd Telco Player in PH

If everything works out fine, one of them will be named provisional winner by November 7

On November 7, the Department of Information and Communications Technology (DICT) will provisionally name the third major telecommunications player that is set to compete against the industry’s two giants, Globe Telecom and PLDT.It is a moment that was 11 months in the ...

by Elyssa Christine Lopez  | November 06, 2018 09:00:00
News and Events

Gov't Moves Closer to Selecting 3rd Telco Player as DICT Finally Publishes Guidelines

Next step: public consultations in the first week of July

The Department of Information and Communications Technology (DICT) and the National Telecommunications Commission (NTC) have issued stricter financial and operational guidelines for the country’s third major telco player.On Wednesday, June 27, the DICT published the latest draft of the terms of reference ...

by Elyssa Christine Lopez  | June 26, 2018 08:00:00
News and Events

Want to Be Part-Owner of a Major 3rd Telco Contender? Now Could Be Your Chance

Now Corp. has secured SEC approval to sell up to 10 million shares at Php100 each

Now Corporation, one of the companies eyeing to launch the third telco player in the country to break the duopoly of PLDT and Globe Telecom, is raising up to Php1 billion through preferred shares.Related story: Who are the Companies Eyeing to Launch ...

by Pauline Macaraeg  | June 14, 2018 01:00:00
News and Events

Will Moves to Lift Foreign Restrictions Add to Delays in the Selection of 3rd Telco Player?

The DICT is eyeing end-August but also wants to liberalize telecoms to attract more foreign contenders

Already running late—well past President Rodrigo Duterte’s initial March deadline—the selection of a third telco player is now being pushed back to end-August or early September, according to the latest timetable of the Department of Information and Communications Technology (DICT).Nonetheless, the agency ...

by Elyssa Christine Lopez  | May 04, 2018 03:00:00
Run & Grow

Financial Adviser: 5 Speculative Stocks That Gained Up to 1,300% in Just Two Months

They're very risky. Proceed with caution

If you are the kind of investor who does not have the time to monitor the stock market, investing in speculative stocks is not for you.Speculative stocks can be very risky because they don’t have the fundamentals to sustain share price appreciation ...

by Henry Ong  | March 06, 2018 03:00:00
News and Events

Who are the PH Companies Eyeing to Launch the Country’s Third Telco Player?

Get to know the names frequently mentioned in news reports as would-be challengers of the telecom duopoly

Until late last year, a third telecommunications company player to compete with the so-called duopoly of PLDT and Globe Telecom seemed like wishful thinking, even if President Rodrigo Duterte set a March 2018 deadline for the new telco to be up and ...

by Lorenzo Kyle Subido  | March 05, 2018 09:00:00
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