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State-run China Telecom eyes 3rd telco slot

China Telecom Corp. Ltd. is now among the potential bidders that will compete to become the Philippines’ third telecoms player, as the government seeks to break a longstanding duopoly and improve services......»»

Category: financeSource: philstar philstarOct 12th, 2018

Gov t bias toward China seen in 3rd telco race

MANILA, Philippines – The win of Dennis Uy’s Udenna Corporation and China Telecom for the 3rd major telecommunications player slot hints at government bias for Beijing, market think tank Fitch Solutions Macro Research said. “The selection of China Telecom, which follows the almost immediate disqualification of the two ........»»

Category: newsSource:  rapplerRelated NewsNov 26th, 2018

IN CHARTS: Telco promises of Chavit Singson vs Dennis Uy-China Telecom

MANILA, Philippines – Impressed by or skeptical of the provisional 3rd telecommunications player's promises? Well, Chavit Singson 's disqualified consortium is fighting to give Filipinos the moon and stars. Services would be super cheap , if their plans become reality. ( Rappler Talk: Chavit Singson's bid for the 3rd telco slot ) Mislatel , the consortium of Dennis Uy's Udenna ........»»

Category: newsSource:  rapplerRelated NewsNov 9th, 2018

Duterte pal is 3rd telco player

The group of businessman Dennis Uy's Udenna Corp. and state-run China Telecom was named the provisional third telco in the country yesterday. The bidding deadline yesterday, which came a full year since the Duterte administration launched its third telco initiative to end the duopoly of PLDT Inc. and Globe Telecom, unfolded in dramatic fashion as South Korea's KT Corp. backed out and a disqualified group threatened legal action. At the Philippine Stock Exchange, Uy-controlled companies associated with the third telco bid rallied while rivals saw double-digit losses. Three groups submitted offers by the 10:00 a.m. deadline. These were Udenna-China Telecom, LCS Group TierOne Conso...Keep on reading: Duterte pal is 3rd telco player.....»»

Category: newsSource:  inquirerRelated NewsNov 7th, 2018

Dennis Uy-China Telecom consortium provisionally named 3rd telco

MANILA, Philippines (UPDATED) – The consortium of Dennis Uy's Udenna Corporation and China Telecommunications Corporation (China Telecom) provisionally won the bidding for the Philippines' 3rd major telecommunications player slot on Wednesday, November 7. Their group, called Mislatel Consortium , also includes Udenna subsidiary Chelsea Logistics Holdings Corporation and ........»»

Category: newsSource:  rapplerRelated NewsNov 7th, 2018

Dennis Uy-China Telco consortium provisionally named 3rd telco | Evening wRap

Today on Rappler: The consortium of Dennis Uy's Udenna Corporation and China Telecommunications Corporation (China Telecom) provisionally won the bidding for the Philippines' 3rd major telecommunications player slot. Democrats seize control of the House of Representatives on Tuesday, November 6, in a midterm setback for President Donald Trump. 29-year-old Alexandria Ocasio-Cortez makes history ........»»

Category: newsSource:  rapplerRelated NewsNov 7th, 2018

China Telecom joins local tycoon in joint bid for Philippine telco license

MANILA—China Telecom and firms controlled by a Filipino tycoon jointly bid on Wednesday for a third telecoms license on offer in the Philippines, as the Southeast Asian nation seeks to boost its notoriously weak services and end a domestic duopoly. State-controlled China Telecom joined businessman Dennis Uy, whose interests include real estate, energy, shipping and logistics, […] The post China Telecom joins local tycoon in joint bid for Philippine telco license appeared first on Interaksyon......»»

Category: newsSource:  interaksyonRelated NewsNov 7th, 2018

State-run China Telecom secures bid papers for 3rd major telco

State-run China Telecom secures bid papers for 3rd major telco.....»»

Category: newsSource:  cnnphilippinesRelated NewsOct 12th, 2018

Third telco player still open to other investors, says Palace

The country's telecom industry remains open to other foreign investors, although President Rodrigo Duterte has said he wants to give the third slot to China, Malacaang said on Sunday.   "The third player who is expected to enter the Philippines is not limited to China. This is open to all telcos or investor from around the world," Communications Secretary Martin Andanar said in a radio interview.   "Whoever can give the best, the most viable offer, or the juiciest offer to us, that will be the third player in the telecommunications industry in the Philippines," he added.   "The President said that he wants it as soon as possible, first or second quarter o...Keep on reading: Third telco player still open to other investors, says Palace.....»»

Category: newsSource:  inquirerRelated NewsJan 2nd, 2018

De Lima: Duterte turning PH into China’s satellite state

Detained Sen. Leila de Lima on Tuesday accused the Duterte administration of turning the Philippines into a "Chinese satellite state" with the impending entry of a Chinese telco company into the country. De Lima warned that the entry of China Telecom Corp. Ltd., China's largest telecommunications company, posed a security threat to the Philippines' information and communication infrastructure. "Do we really want a country who has most interest in undermining our national security to have a major role in our public utilities, especially communications?" De Lima said in a statement. "What will assure us that in the future, our national security and whole intelligence and defen...Keep on reading: De Lima: Duterte turning PH into China’s satellite state.....»»

Category: newsSource:  inquirerRelated NewsDec 19th, 2017

TransCo open to creating 3rd telco player with China Telecom

MANILA, Philippines – State-run National Transmission Corporation (TransCo) put its name forward as a possible partner for China Telecom Corporation Ltd in a bid to establish a long-sought after 3rd player in the Philippines' telecommunications industry. "We can be the 60%. They have the technical expertise in operating and TransCo has ........»»

Category: newsSource:  rapplerRelated NewsDec 11th, 2017

DICT, NTC preparing rules for selecting telco to compete with PLDT, Globe

The Duterte administration is preparingguidelines that would pave the way for a new telecommunications player to compete with incumbents PLDT Inc. and Globe Telecom. Eliseo Rio Jr., acting secretary at the Department of Information and Communications Technology (DICT), gavetheupdate as he confirmed that China had selected state-run China Telecom, that country's third-largest mobile player, to invest in the Philippines through a domestic partner, given the 40 percent foreign ownership cap outlined under the Constitution. In a social media postMonday, Rio said the DICT and National Telecommunications Commission (NTC) had started preparing the rules for a selection process, which he c...Keep on reading: DICT, NTC preparing rules for selecting telco to compete with PLDT, Globe.....»»

Category: newsSource:  inquirerRelated NewsDec 11th, 2017

NOW Telecom targets third telco slot

MANILA, Philippines - NOW Telecom Inc., a unit of listed NOW Corp., wants to be the third player in the telco industry as it eyes mobile frequencies from the.....»»

Category: financeSource:  philstarRelated NewsAug 11th, 2016

China slams arrest of Huawei CFO

BEIJING: China on Saturday summoned the Canadian ambassador over the “unconscionable and vile” detention of telecom giant Huawei’s chief financial officer in Vancouver, state media reported, in Beijing’s latest angry…READ The post China slams arrest of Huawei CFO appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated News17 hr. 13 min. ago

Biased selection?

I would expect a ratings agency as well regarded as Fitch to go beyond the optics in making conclusions. But it claimed in a statement that there was bias in the selection of the Mislatel/China Telecom consortium as the third major telco......»»

Category: financeSource:  philstarRelated NewsNov 27th, 2018

DICT, China Telecom eye submarine broadband infrastructure

State-owned China Telecommunications Corp. and the Philippine government are looking at the viability of putting up a submarine broadband infrastructure that will directly connect Hong Kong, the US and the Philippines, resulting in faster internet speed in the country......»»

Category: financeSource:  philstarRelated NewsNov 21st, 2018

DICT, China Telecom eye cable landing station

The government is looking to tap China Telecommunications Corp. — a member of a consortium recently named as the country’s third major telco — to build a cable landing station…READ The post DICT, China Telecom eye cable landing station appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsNov 20th, 2018

NTC Confirms Mislatel as 3rd Telco Player

The National Telecommunications Commission (NTC) formally confirmed Mislatel Consortium as the new major player in the telco industry this Monday. This, after the joint venture of Udenna Corporation and China Telecom, passed the document verification phase conducted by the New Major Player Selection Committee that merited the final confirmation from the NTC En Banc. “As […].....»»

Category: newsSource:  metrocebuRelated NewsNov 20th, 2018

Surge in China theft of Australia company secrets – report

SYDNEY -- China has sharply escalated cyberattacks on Australian companies this year in a "constant, significant effort" to steal intellectual property, a report published Tuesday revealed.   The investigation by Fairfax Media and commercial broadcaster Channel Nine comes just days after US Vice President Mike Pence accused Beijing at the APEC summit of widespread "intellectual property theft".   The report said China's Ministry of State Security was responsible for "Operation Cloud Hopper", a wave of attacks it said were detected by Canberra and its partners in the "Five Eyes" intelligence alliance -- the US, Britain, Canada, and New Zealand.   An unname...Keep on reading: Surge in China theft of Australia company secrets – report.....»»

Category: newsSource:  inquirerRelated NewsNov 20th, 2018

Government confirms Mislatel consortium as 3rd telco

The National Telecommunications Commission (NTC) has confirmed the consortium of Davao-based businessman Dennis Uy and state-owned China Telecommunications Corp. as the third telco player, with the government giving assurance that the choice had nothing to do with Uy and China’s ties with President Duterte......»»

Category: newsSource:  philstarRelated NewsNov 19th, 2018

‘Philippines security compromised with China access to telco infrastructure’

Allowing China to have access to the Philippines’ communications infrastructure – through a state-owned firm – will undermine national security, House Minority Leader Danilo Suarez said yesterday......»»

Category: newsSource:  philstarRelated NewsNov 15th, 2018