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Previously, it was one of the mobile and fixed-line telephone service providers in the Philippines. PCEV is 99.5%-owned by Smart Communications, a wholly owned subsidiary of the Philippine Long Distance Telephone Company (PLDT). The remaining 0.5% of PCEV's shares is owned by the Filipino investing public. [1]
In November 2017, the company has announced that it entered with negotiations with China Telecom and Datang Telecom Technology regarding plans to form a consortium for its bid. [5] It was a major competitor of PLDT in the 1990s prior to the 1997 Asian financial crisis. It is the internet service provider of the Armed Forces of the Philippines. [12]
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]
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. Assuming all of Digitel minority owners agree, the total transaction consideration would be PHP74.1 billion.
Primeworld Digital Systems, Inc. [1] Wolfpac Mobile, Inc. [1] Wireless Card Inc. [1] Smart Money Holdings Corporation (SMHC) [1] Smart Money, Inc. (owned through SMHC) [1] Far East Capital Limited [2] Philippines Communications Holdings Corporation [1] Francom Holdings, Inc. [1] Connectivity Unlimited Resource Enterprise, Inc. [1] Chikka ...
Based on this Q2 2017 report by Akamai, the Philippines' average internet speed (IPV4) was a lowly 5.5 Mbps, which was below the global average of 7.2 Mbps during the time of the study. Ookla, the company behind the popular internet speed testing service Speedtest, shows that the country's average fixed broadband and mobile speeds as of June ...
Digitel Mobile Philippines, Inc., doing business as Sun Cellular (or simply known as Sun), was a wholly owned subsidiary of Digital Telecommunications Philippines (Digitel), which in turn was owned by PLDT and is one of the Philippines' largest mobile telecommunications companies. It was established by Digitel in September 2001 to provide ...
Founded on 10 November 1994 bearing the name Mabuhay Philippine Satellite Corporation (MPSC), the company was established primarily to build, own, operate and maintain an international satellite facility and other forms of telecommunications equipment that are capable of providing telecommunications and broadcasting on a domestic and international level. [3]