^
+ Follow NEXTEL PHILIPPINES Tag
NEXTEL PHILIPPINES
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 225788
                    [Title] => Premiere takes 97% stake in Nextmobile for P6.58-B
                    [Summary] => Shareholders of  Premiere Entertainment Productions Inc. have approved the company’s planned acquisition of 97 percent interest in Nextmobile Inc. (formerly Nextel Communications Phils. Inc.) for P6.58 billion.


In a disclosure to the Philippine Stock Exchange, PEP president and chief executive officer Anastacio P. Diaz Jr. said shareholders also approved the change in the firm’s primary purpose from entertainment to telecommunications. In view of this, PEP will be renamed Net Communications Inc.
[DatePublished] => 2003-10-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 221717 [Title] => Premiere Entertainment acquires control of Next Mobile for P6.5-B [Summary] => Publicly-listed movie production outfit Premiere Entertainment Productions Inc. will acquire a controlling interest in telecommunications firm Nextmobile Inc. for P6.58 billion, the company told the Philippine Stock Exchange (PSE).

Nextmobile (formerly Nextel Communications Phils. Inc.) is owned by a consortium composed of Finnish, Swedish, American and Filipino entrepreneurs led by Mel Velarde.

PEP president and chief executive officer Anastacio P. Diaz Jr. said the acquisition will be done through a share-swap transaction.
[DatePublished] => 2003-09-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 212192 [Title] => Premiere Entertainment eyes merger with Nextmobile Inc [Summary] => Publicly-listed movie firm Premiere Entertainment Productions Inc. (PEP) is considering a merger with Nextmobile Inc. (formerly Nextel Communications Phils. Inc.) in line with plans to redirect its core operations to telecommunications and information technology businesses.
[DatePublished] => 2003-07-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 192199 [Title] => Next Mobile partners with Nextel Philippines [Summary] => Nextel Philippines is off to a fresh start this year after Next Mobile, a consortium made up of a global team of techno entrepreneurs with the vision of introducing wireless mobile broadband services in the country, teams up with the local subsidiary of the telecommunications company.

The Velarde group, the company behind Next Mobile, has partnered with Maxwealth Consultant Ltd. to form the new consortium. With Maxwealth, Next Mobile boasts of a team of highly-skilled techno entrepreneurs with vast experience and expertise in the wireless communications industry.
[DatePublished] => 2003-01-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 180614 [Title] => Another feat [Summary] => Businesswoman Elena Lim has achieved another first for the country when her company successfully penetrated the stringent Korean market for prawns.

Her group, which is also one of the biggest producers of bangus (milkfish) for the domestic market, made its maiden export of prawns to Korea (around five to six tons or one 20-footer container) just last month and expects to ship the second order very soon.
[DatePublished] => 2002-10-20 00:00:00 [ColumnID] => 134315 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 161787 [Title] => Group seeks probe of planned Nextel buyout [Summary] => A consumer group is urging Congress and the National Telecommunications Commission (NTC) to investigate the planned buyout of Nextel Communications Philippines, Inc. (NCPI) by a private consortium allegedly led by the Marsman/Drysdale group and other businessmen with strong ties to the Arroyo administration.
[DatePublished] => 2002-05-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 158407 [Title] => Cancellation of Nextel license looms [Summary] => Commissioner Eliseo M. Rio of the National Telecommunications Commission vowed the commission will act swiftly and judiciously on several cases filed against Nextel Communications, Inc.

In a dialogue with protesting officials and members of the Citizens Movement for Protection and Reform (CMPR) last Friday, Rio assured the NTC’s legal department is promptly studying the case.
[DatePublished] => 2002-04-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 154307 [Title] => Anti-dummy charges filed against Nextel executives [Summary] => Top executives and directors of Nextel Communications Philippines, Inc. (Nextel) are facing charges for alleged violations of the Philippine Anti-Dummy law before the National Bureau of Investigation (NBI).
[DatePublished] => 2002-03-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 153724 [Title] => Nextel bares local conduits in acquisitions [Summary] => Trunk radio operator Nextel International, Inc. (NII) has admitted to the United States Securities and Exchange Commission (US SEC) that it used several Philippine-registered companies to acquire some 59-percent majority stake in its local managed operating company Nextel Philippines.

Nextel is currently facing a major investigation by the National Telecommunications Commission (NTC) on charges that it violated the cap set by the Philippine Constitution on foreign company of utilities.
[DatePublished] => 2002-03-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 152285 [Title] => Nextel International bares majority stake in local company [Summary] => Beleaguered United States-based trunk radio company Nextel International bared before the US Securities and Exchange Commission (US SEC) that it owns close to 59 percent of its local operating company, Nextel Communications Philippines, Inc. (NCPI).

The disclosure was contained in Nextel’s 10-K, 10-Q and S1 reports to the US SEC. The reports are mandatory annual and quarterly disclosures filed by publicly-held companies in the US.
[DatePublished] => 2002-03-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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