PLDT-Digitel merger poised to miss revised 30 July deadline?

26 Jul 2011

Philippine Long Distance Telephone Company (PLDT’s) planned acquisition of a majority stake in rival operator Digital Telecommunications Philippines, Inc (Digitel) looks set to be pushed back once again, after the National Telecommunications Commission (NTC) confirmed it would need more time to review the deal. The takeover was expected to take place by 30 July but BusinessWorld quotes the NTC’s Gamaliel A Cordoba as saying: ‘Most likely [we will] need time. It’s already nearing the end of July so I cannot say for sure if the NTC can rule on this before or on 30 July’.

Philippines, PLDT (incl. Smart Communications and Sun Cellular),

Subscribe

Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.

Subscribe to CommsUpdate

Feedback

Have feedback, corrections, or story ideas? Send them to editors@commsupdate.com.

Browse Past Issues

Filter

Filter CommsUpdate by the following categories or use the search.

Search

Visit our help page information on performing advanced searches, including how to restrict the results by country or company.

Advertise

CommsUpdate is an outstanding advertising venue for companies seeking to reach:

  • International carriers
  • Wholesale service providers
  • Equipment and software vendors
  • Telecom investors
  • Regulators

Learn more about advertising on CommsUpdate.

Share