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Streamtech Systems Technologies, Inc. is a Philippine telecommunications company. Founded by Manuel Paolo A. Villar (son of real estate magnate and politician Manuel Villar Jr.), it offers communication services such as fiber to the home, internet and cable television bundles (through Planet Cable) and internet for small businesses and large enterprises.
The PLDT Communications and Energy Ventures Inc. (PSE: PCEV), formerly known as Pilipino Telephone Corporation or Piltel, is a holding company of the PLDT Group for its venture into the electricity distribution industry. Previously, it was one of the mobile and fixed-line telephone service providers in the Philippines.
PLDT, Inc., formerly known as the Philippine Long Distance Telephone Company (Filipino: Kompanya ng Teleponong Pangmalayuan ng Pilipinas), [3] is a Philippine telecommunications, internet and digital service company. [4] PLDT is one of the Philippine's major telecommunications providers, along with Globe Telecom and startup DITO Telecommunity ...
Although based in the Philippines, there is foreign ownership in PLDT (76%) and Globe (73%)—resulting a duopoly in the telecom industry. Anthony Salim is one of them, which is the biggest controlling stockholder of PLDT through Hong Kong based First Pacific Company Limited, which led him to establish and expand in the Philippines as a ...
The Philippines' telecommunication industry is dominated by the duopoly of PLDT, Inc.–Smart Communications and Globe Telecom.The situation has been cited by critics of the duopoly as the reason for the country's poor internet infrastructure and the country has consistently ranked at the bottom-tier among countries in terms of internet speed. [1]
Smart Communications Inc., commonly referred to as Smart, is a wholly owned wireless communications and digital services subsidiary of PLDT Inc., [1] a telecommunications and digital services provider based in the Philippines. [2] As of November 2023, it is currently the largest mobile network with 55.2 million subscribers. [3]
The consortium is known as the sole winner of the government-sanctioned bidding that would allow the consortium to become the third major telecommunications provider in the Philippines challenging the duopoly of PLDT and Globe Telecom. [9] DITO Telecommunity began its commercial operations on March 8, 2021.
Digitel has a hundred percent stake in Digitel Mobile Philippines, Inc., whose brand name is Sun Cellular. PLDT will announce a tender offer for all Digitel common stock at the P1.60 per Digitel share, and offered either PLDT shares at P2,500 per share of cash, at the option of Digitel Shareholders.