^
+ Follow ANDREW PENN Tag
ANDREW PENN
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1532985
                    [Title] => Telstra-SMC mobile venture faces shareholders’ scrutiny
                    [Summary] => 

The possible joint venture of Australia’s biggest telephone company Telstra Corp. with San Miguel Corp. (SMC) for a mobile network in the Philippines  needs more careful study amid concerns about the viability of the business, consulting firm Creator Tech Pty. Ltd. warned.

[DatePublished] => 2015-12-15 09:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1473425 [AuthorName] => Louella Desiderio [SectionName] => Business [SectionUrl] => business [URL] => http://media.philstar.com/images/the-philippine-star/business/business-main/20151031/telstra-4.jpg ) [1] => Array ( [ArticleID] => 1524103 [Title] => PLDT, Globe likely to retain ratings – Fitch [Summary] =>

Philippine telecommunication firms are likely to keep their credit ratings even if they hike their capital expenditures next year to prepare for the possible entry of a new player in the market, according to Fitch Ratings.

[DatePublished] => 2015-11-20 09:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1473425 [AuthorName] => Louella Desiderio [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 1523737 [Title] => Fitch downplays Telstra entry’s impact on telecommunications [Summary] =>

Fitch Ratings expects the potential entry of a new player in the Philippine telecommunications market through the joint venture of Australia’s Telstra and San Miguel Corp. (SMC) to have limited impact on incumbent service providers for the next two years.

[DatePublished] => 2015-11-19 09:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1473425 [AuthorName] => Louella Desiderio [SectionName] => Business [SectionUrl] => business [URL] => http://media.philstar.com/images/the-philippine-star/business/business-main/20161120/Telstra-1.jpg ) [3] => Array ( [ArticleID] => 1520841 [Title] => San Miguel cuts off rival access to frequency band [Summary] =>

San Miguel Corp. (SMC)  is not in favor of giving telco firms Philippine Long Distance Telephone Co. (PLDT) and Globe Telecom Inc. access to the 700 megahertz (Mhz) frequency band held by the firm, citing the need to promote competition in the market.

[DatePublished] => 2015-11-11 09:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1473425 [AuthorName] => Louella Desiderio [SectionName] => Business [SectionUrl] => business [URL] => http://media.philstar.com/images/the-philippine-star/business/business-main/20150515/San-Miguel-Corp-2.jpg ) [4] => Array ( [ArticleID] => 1516622 [Title] => Australia’s Telstra eager to compete in Philippine telco [Summary] =>

Australia’s biggest telecommunications provider Telstra will invest nearly $1 billion in the country should it decide to pursue a partnership for a wireless business with San Miguel Corp. (SMC).

[DatePublished] => 2015-10-30 10:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1473425 [AuthorName] => Louella Desiderio [SectionName] => Business [SectionUrl] => business [URL] => http://media.philstar.com/images/the-philippine-star/business/business-main/20151031/telstra-4.jpg ) ) )
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