^
+ Follow GLOBE AND ISLACOM Tag
GLOBE AND ISLACOM
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 218618
                    [Title] => Globe goes purely wireless; landline, data services absorbed by Islacom
                    [Summary] => Globe Telecom  has secured the approval of the National Telecommunications Commission (NTC) to merge  its wireline and data operations under its wholly-owned subsidiary Isla Communications Co. Inc.


In an Aug. 22 decision, the NTC approved the transfer of the local exchange and wireline data services and their related assets, rights and obligations and liabilities under subscriber contract from Globe to Islacom.
[DatePublished] => 2003-08-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 195063 [Title] => Ayala posts 13% income growth [Summary] => Powered by the robust performance of its telecommunications and real estate units, Ayala Corp. recorded a 13-percent growth in its unaudited consolidated net income to P2.39 billion last year from only P2.1 billion in 2001.

In a statement, Ayala said the improved income was also due to capital gains from sales of shares in its listed subsidiaries and affiliates.

Ayala said it benefitted from a lower interest rate environment and an ongoing debt reduction program as interest and other charges dropped by 30 percent from P6.3 billion to P4.4 billion.
[DatePublished] => 2003-02-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 183794 [Title] => Ayala Corp clears P2.65-B in 1st 9 months [Summary] => Conglomerate Ayala Corp. continued to register steady growth during the first nine months of the year as net income rose to P2.65 billion from only P2.52 billion last year, driven by the improved performance of its subsidiaries and affiliates.

In addition to the contribution of its key businesses, Ayala also generated P2.02 billion in capital gains so far this year, although the company noted that most of these were registered in the first six months of 2002 when the equity markets were more buoyant.
[DatePublished] => 2002-11-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 171228 [Title] => Smart asks government to cancel Digitel license [Summary] => Attempts by Philippine Long Distance Telephone Co. (PLDT) to stop its parent firm First Pacific Co. Ltd. from selling its stake in PLDT to the Gokongwei group reached a new level yesterday... [DatePublished] => 2002-08-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 169397 [Title] => NTC grants Globe, Smart permanent licenses to operate [Summary] => The National Telecommunications Commission (NTC) finally granted Globe Telecom and Smart Communications yesterday the much-awaited ‘permanent’ license to operate their respective businesses for the next 25 years.
[DatePublished] => 2002-07-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 150799 [Title] => Globe, Islacom hike rates today [Summary] => Globe Telecom and its subsidiary Isla Communications Inc. will increase today the rates on local and national long distance calls made from its landline phones under the brand name Globelines.

Globe assistant vice president Venancio Chan said in an interview yesterday that national direct distance (NDD) rate for calls made from Globelines to other carriers now costs P1.50 higher, or from P3 per minute to P4.50 per minute. The rates apply to both postpaid and prepaid subscribers of Globelines.
[DatePublished] => 2002-02-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 138317 [Title] => NTC plan to review cellphone rates hit [Summary] => A plan by the National Telecommunications Commission (NTC) to review voice and text messaging rates to remove "distortion" has come under attack from the country‘s four leading cellular companies who claim that there can never be any rate distortion since they have been found not guilty of collusion.
[DatePublished] => 2001-10-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 135618 [Title] => BayanTel seeks guidelines on access charges [Summary] => Lopez-owned Bayan Telecommunications Inc. (BayanTel) has asked the National Telecommunications Commission (NTC) to come up with clear cut guidelines on the allowable levels of access charges.

BayanTel senior vice president and chief finance officer Gary Olivar informed NTC Commissioner Eliseo Rio that some local exchange carriers (LECs) are being pressured into accepting the access charge levels unconditionally under threat of being blocked off unless they concur.
[DatePublished] => 2001-10-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 132730 [Title] => Cellphone firms buck plea on text cut [Summary] => The country’s four leading cellular phone companies filed separate motions yesterday to dismiss a petition filed by a group of mobile phone owners to permanently stop the planned reduction in free text message allocations.
[DatePublished] => 2001-09-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 91865 [Title] => 6 top telecom firms sign agreements to resolve issue of call revenue sharing [Summary] => Six of the country’s leading telecommunications companies signed yesterday several interconnection agreements aimed at resolving the long-standing "irritant" among them on how to settle call revenues.

Industry players said this was the first time, not only here but also worldwide, that carriers agreed to interconnect without the courts having to compel them to do so.
[DatePublished] => 2001-07-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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