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Foreign investment pledges jump 61% to P43 billion in Q3

2017-12-14 business.inquirer.net
Investment pledges by foreign firms recovered in the third quarter, jumping 61.1 percent year-on-year to P43 billion, the government reported Thursday. (1-0)

10,000 Kilometers of Fiber-Optic Cable Show China's Interest in Warming Arctic - Bloomberg

2017-12-14 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (1-0)

Hong Kong’s largest data centre is now live with China Telecom Global as its first client

2017-12-13 scmp
UK-based Global Switch on Wednesday unveiled Hong Kong’s largest data centre in Tseung Kwan O Industrial Estate built at a cost of HK$5 billion (US$640 million). (82-0)

PCC airs concerns over SM’s Goldilocks acquisition

2017-12-12 bworldonline
THE Philippine Competition Commission (PCC) has expressed concern over the SM Group’s acquisition of Goldilocks Bakeshop, Inc., saying the deal may give the latter an undue advantage over competitors operating in SM malls. (39-0)

PCC seeks review of buyout deal of SMC’s telco assets

2017-12-12 business.inquirer.net
The Philippine Competition Commission (PCC) wants the Supreme Court (SC) to review the decision of a lower court after the latter made a mistake by deeming the controversial telco deal approved, a top official said. (29-0)

Philippines's Duterte offers third telecom slot to China

2017-12-12 channelnewsasia
MANILA: Philippine President Rodrigo Duterte has offered China Telecom a slot to be the country's third telecom provider to break up the dominance of two local firms, his spokesman said on Tuesday (Dec 12). (10-0)

Government wants 3rd telco operational by next year

2017-12-12 philstar
MANILA, Philippines — The government wants the third telco player to break the duopoly and start operations by the middle of next year, the Department of Information and Communications Technology (DICT) said. (14-0)

TransCo seeking partnership with ‘3rd player’ China Telecom

2017-12-12 bworldonline
NATIONAL Transmission Corp. (TransCo) wants to be the partner of the Chinese company that was named by the Communications secretary as Beijing’s choice as the proposed third player in the local telecommunications industry. (14-0)

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

2017-12-11 business.inquirer.net
The Duterte administration is preparing guidelines that would pave the way for a new telecommunications player to compete with incumbents PLDT Inc. and Globe Telecom. (29-0)

China Telecom earmarked as Philippines’ third telecoms player, officials say

2017-12-11 themalaymailonline
The Philippine constitution’s 40 per cent cap on foreign ownership of domestic telecoms companies has kept interest from multinationals at bay in the market of more than 100 million people. — Picture by Choo Choy MayMANILA, Dec 11 — State-run China Telecom Corp could become the Philippines’ third telecoms player, officials of the South-east Asian nation said yesterday, as the government looks to stir up competition in an effort to boost notoriously poor services. (10-0)

China Telecom picked to become the Philippines' third telecoms player

2017-12-11 scmp
Beijing has selected China Telecom, the country’s biggest fixed-line network operator and third-largest mobile services provider, to invest in the Philippines, according to the Duterte administration. (10-0)

Singapore market firms, telecoms weigh on Philippine index

2017-12-11 themalaymailonline
Singapore shares gain as much as 0.7 per cent, on course to extend Friday's 1.1 pe rcent gain. — Reuters picSINGAPORE, Dec 11 — Most South-east Asian stock markets edged higher today, with Singapore building on steep gains in the previous session, while the Philippines slipped as competition concerns weighed on telecom shares. (15-0)

China’s biggest telco chosen to break PH duopoly

2017-12-10 business.inquirer.net
Beijing has chosen China Telecom, China’s largest telecommunication company, as the third new player that would try to break that duopoly in the Philippine telecommunications market, Presidential Communications Secretary Martin Andanar said on Sunday. (10-1)

Top Gain 'Safer' Dividend Comm Services Dogs Led By TDS, China Telecom, & Comcast For November

2017-11-28 seekingalpha
Ten 'safer' dividend Communication Services (CS) stock gains averaged 16.21%. Top gainer Telephone & Data Systems produced a 24.9% net per broker targets 11/24/17. (127-1)

Business leaders want open field for telco

2017-11-27 philstar
MANILA, Philippines — Business leaders have lauded President Duterte’s push to break the “duopoly” in the country’s telecommunications industry, but pointed out this should not be limited to Chinese companies. (23-0)