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+ Follow CAPWIRE TELECOMMUNICATIONS Tag
CAPWIRE TELECOMMUNICATIONS
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 255839
                    [Title] => Capwire trims losses to P20M, expects to be back in the black this yr
                    [Summary] => Capwire Telecommunications expects to trim down its losses from P100 million in the last fiscal year, to P20 million for the current fiscal year, a top company official said.


Capwire president Epitacio Marquez told The STAR that the company also expects to be in the black by the new fiscal year starting June 1, 2004, mainly due to increasing profits from data services, which now account for about 35 percent of revenues compared to about 30 percent last year.
[DatePublished] => 2004-06-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 255707 [Title] => Capwire seeks more time to settle P730-M loans; 3rd party adviser eyed [Summary] => Capwire Telecommunications is asking its creditors to give it more time to pay the interest and principal on about P730 million in loans, following external events that adversely affected the company’s profitability.

Capwire senior vice president and chief finance officer Joel Aguilar told The STAR that they are preparing a new business and financial restructuring plan that will reflect the change in assumptions brought about by the Sept. 11 tragedy in the US and the access charge problem with the US last year.
[DatePublished] => 2004-06-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 224948 [Title] => Buenaventura speaks before business journalists [Summary] => Bangko Sentral ng Pilipinas (BSP) Governor Rafael Carlos B. Buenaventura will be the keynote speaker during the 12th EJAP-Globe Telecom Business Journalism on Oct. 21 at the Mandarin Oriental Hotel.

Buenaventura will be joined in the affair’s guest list by chief executives from the differing business sectors including finance, telecommunications, manufacturing, trade, securities, power generation and distribution, agriculture and agribusiness, and the capital markets.
[DatePublished] => 2003-10-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [3] => Array ( [ArticleID] => 192927 [Title] => Wise move [Summary] => A Mafia-like organization is out to take command and control of clearing performing artists for overseas employment and has wrongly accused the chief of the Technical Education and Skills Development Authority or TESDA of anomalies in the processing of their documents to force him to resign.

Unfortunately for them, TESDA Director-General Dante Liban was able to nip this vicious attack in the bud by renouncing his office’s clearance powers and giving the authority instead to the industry.
[DatePublished] => 2003-01-26 00:00:00 [ColumnID] => 134315 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 159614 [Title] => Capwire seeks court OK for revised rehab plan [Summary] => Capwire Telecommunications will seek court approval for a revised business plan, the company said in a statement yesterday.

Capwire was responding to questions on the recent court decision calling for the telco to comply with the terms and conditions of the debt restructuring agreement signed with its consortium of creditors.
[DatePublished] => 2002-05-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 128498 [Title] => Telecom firms buck clearing house [Summary] => The telecommunications industry strongly opposed yesterday the proposed establishment of a "monopoly backbone" that will serve as a central interconnection facility and clearing house for all landline, cellular, Internet, paging and trunk radio companies operating in the Philippines. [DatePublished] => 2001-07-31 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 93726 [Title] => Capwire in talks with 3 prospective investors [Summary] => Capwire Telecommunications is in talks with three foreign companies, all in the telecommunications industry, which have expressed interest in investing in the company.

This developed as Capwire unveiled a new business plan that focuses on growth areas like satellite services for Internet and frame relay services for small and medium enterprises.

Capwire executive vice president and chief operating officer Maureen V. Santiago said the company is poised to meet the challenges with a plan that zeroes in on high-yield and high-potential areas.
[DatePublished] => 2001-07-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 93014 [Title] => Capwire seeks more time from creditors [Summary] => Capwire Telecommunications is seeking more time from its creditors for the payment of its principal debts, amounting to around P736 million, to enable it to use the funds for its expansion program.

Including the capitalized portion, capwire owes its creditors close to P1 billion which was the subject of a debt restructuring which began just recently. Capwire is in the first year of its eight to 9-year debt restructuring program.
[DatePublished] => 2001-06-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 95559 [Title] => Capwire seeks more time from creditors [Summary] => Capwire Telecommunications is seeking more time from its creditors for the payment of its principal debts, amounting to around P736 million, to enable it to use the funds for its expansion program.

Including the capitalized portion, capwire owes its creditors close to P1 billion which was the subject of a debt restructuring which began just recently. Capwire is in the first year of its eight to 9-year debt restructuring program.
[DatePublished] => 2001-06-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 96717 [Title] => Capwire’s international long distance business grows 52% in 2000 [Summary] => Riding the crest of a boom in the telecommunications sector, resurgent Capwire Telecommunications reported a 52-percent increase in its international long distance (ILD) business in fiscal year 2000.

The ILD business accounts for roughly 77 percent of Capwire Telecommunications’ total revenues.
[DatePublished] => 2001-01-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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