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Richmond Mercurio
Richmond Mercurio
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AirAsia partners with RCBC for new credit card
by Richmond Mercurio - November 18, 2018 - 12:00am
Low-cost carrier AirAsia has teamed up with RCBC Bankard and Visa in introducing a new credit card product in the Philippines that will make booking flights with the airline easier, faster and more rewarding.
Globe mobile data traffic soars 49%
by Richmond Mercurio - November 18, 2018 - 12:00am
Ayala-led Globe Telecom Inc. reported that its mobile data traffic soared 49 percent to 641 petabytes in the nine months to September.
PT&T brings 3rd telco case to Supreme Court
by Richmond Mercurio - November 17, 2018 - 12:00am
Third telco aspirant PT&T has decided to bring its appeal regarding its disqualification from the selection of the new major player in the country’s telecommunications industry to the Supreme Court.
Cable car feasibility study completed by third quarter 2019 – DOTr
by Richmond Mercurio - November 16, 2018 - 12:00am
A study looking into the viability of the government’s proposed cable car system to help ease congestion of roads in Metro Manila has commenced, with results to be known by the third quarter of next year...
PLDT activates country’s first 5G cell sites in Makati, Clark
by Richmond Mercurio - November 16, 2018 - 12:00am
Telco giant PLDT Inc. and wireless arm Smart Communications Inc. have activated the country’s first 5G cell sites in the Makati Central Business District and at the Clark Freeport Zone in Pampanga.
PT&T to transform into digital services provider
by Richmond Mercurio - November 16, 2018 - 12:00am
Publicly-listed Philippine Telegraph and Telephone Corp. (PT&T) is moving toward the transformation of the company into a digital services provider, offering a wide range of telecommunications and IT services under...
2GO drags Chelsea earnings down 72%
by Richmond Mercurio - November 16, 2018 - 12:00am
Chelsea Logistics Holdings Corp. posted a 72 percent drop in profitability in the nine months ending September behind higher costs and losses from 2GO Group Inc.
ICTSI names new Asia Pacific head
by Richmond Mercurio - November 16, 2018 - 12:00am
International Container Terminal Services Inc. (ICTSI) announced yesterday the appointment of a new key official that will be directly responsible for the management and development of the company’s Asia Pacific...
NTC selection panel rejects 3rd telco bidding protests
by Richmond Mercurio - November 14, 2018 - 12:00am
The group led by Davao-based businessman Dennis Uy and China Telecommunications has come closer to becoming the country’s third telco player after the National Telecommunications Commission (NTC) selection...
ICTSI bids P5 billion for 2 Iloilo ports
by Richmond Mercurio - November 13, 2018 - 12:00am
Ports operator giant International Container Terminal Services Inc. (ICTSI) of billionaire Enrique Razon Jr. looks to expand further its network in the country as it seeks to modernize and manage two ports in Iloilo...
ABS-CBN, GMA claim nationwide rating dominance
by Richmond Mercurio - November 12, 2018 - 12:00am
Broadcasting giants ABS-CBN Corp. and GMA Network claimed their respective nationwide ratings dominance anew in October.
Cebu Pacific gets more component contracts
by Richmond Mercurio - November 12, 2018 - 12:00am
Cebu Pacific Air has expanded its component support contract with Air France Industries KLM Engineering & Maintenance for the inclusion of 39 aircraft.
Philippines internet speed to become faster with 3rd telco
by Richmond Mercurio - November 12, 2018 - 12:00am
Internet speed in the country may rise to third fastest in Southeast Asia from being among the slowest at present with the provisional third telco player’s commitment in its first year of operations, but telco...
Airline profits hit by rising fuel prices
by Richmond Mercurio - November 12, 2018 - 12:00am
Soaring fuel prices took its toll on the profitability of local airlines in the nine months ending September.
PLDT, Smart unveil new products, services
by Richmond Mercurio - November 11, 2018 - 12:00am
Telecom and digital services provider PLDT and its wireless arm Smart Communications Inc. are introducing a slew of new products and innovations to better serve their customers’ growing data, content, and connectivity...
3rd telco player maintains validity of franchise
by Richmond Mercurio - November 11, 2018 - 12:00am
Mindanao Islamic Telephone Co. (Mislatel), the franchise holder in the consortium that was declared provisional new player in the telecommunications industry, yesterday refuted claims questioning the validity of...
PLDT, Globe expect pressure on revenue, capex — Fitch Ratings
by Richmond Mercurio - November 10, 2018 - 12:00am
Fitch is expecting tempered revenue growth and increased capex pressure on telco giants PLDT Inc. and Globe Telecom Inc. with the looming arrival of a third telco player.
Losing 3rd telco bidders question Mislatel Consortium award
by Richmond Mercurio - November 10, 2018 - 12:00am
Controversies are piling up on Mindanao Islamic Telephone Co. (Mislatel), the company chosen by the provisional third telecommunication group of Dennis Uy’s Udenna Corp. and China Telecommunications as its...
PLDT registers P16.5-billion income in 9 months
by Richmond Mercurio - November 9, 2018 - 12:00am
PLDT Inc. saw its reported net income fall by a quarter in the nine months ending September behind the accelerated depreciation of the company’s assets.
PLDT invests P2.15 billion in local software developer
by Richmond Mercurio - November 9, 2018 - 12:00am
Telco giant PLDT Inc. is investing P2.15 billion to acquire nearly half of a local software development and IT solutions provider.
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