Array
(
[results] => Array
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[0] => Array
(
[ArticleID] => 817023
[Title] => MVP says deal with GMA may be finalized this year
[Summary] => An agreement on the planned investment of the Philippine Long Distance Telephone Co. (PLDT) group in GMA Network is likely to be reached this year as discussions are moving positively, PLDT chairman Manuel V. Pangilinan said.
[DatePublished] => 2012-06-15 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1473425
[AuthorName] => Louella Desiderio
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 784555
[Title] => PCEV core net income up 19%
[Summary] => PLDT Communications and Energy Ventures Inc (PCEV), formerly known as Pilipino Telephone Corp. (Piltel), said its core net income last year stood at P2.5 billion, a 19 percent growth from the P2.1 billion recorded in 2010. PCEV’s income was derived mainly from its direct equity share in the net income of Manila Electric Co. (Meralco) and its holdings in Beacon Electric Asset Holdings Inc.
[DatePublished] => 2012-03-08 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 579529
[Title] => SEC okays change in Piltel's name
[Summary] => The Securities and Exchange Commission (SEC) has approved the change in the corporate name of Philippine Long Distance Telephone Co. (PLDT) unit Pilipino Telephone Inc. (Piltel) to PLDT Communications and Energy Ventures (PCEV), which company officials said better reflects Piltel’s new business thrust.
[DatePublished] => 2010-05-31 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 574330
[Title] => Piltel reduces Meralco stake with special block sale to Beacon Electric for P23.13 billion
[Summary] => Philippine Long Distance Telephone Co. (PLDT) unit Pilipino Telephone Inc. (Piltel) sold yesterday154.2 million of its common shares in Manila Electric Co. (Meralco) to Beacon Electric Asset Holdings Inc, for P23.13 billion, reducing its stake in the power distribution utility from 20 percent to 6.1 percent.
[DatePublished] => 2010-05-13 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 573154
[Title] => Piltel changes name as business focus shifts
[Summary] => Philippine Long Distance Telephone Co. (PLDT) unit Pilipino Telephone Corp. (Piltel) is being renamed PLDT Communications and Energy Ventures (PCEV) to reflect the changes in the company’s business brought about by its investments in Manila Electric Co. (Meralco).
[DatePublished] => 2010-05-09 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 570891
[Title] => MVP eyes Tanco's 4% stake in Meralco
[Summary] => Beacon Electric Asset Holdings Inc., the holding company for the shares of Metro Pacific Investments Corp. (MPIC) and Pilipino Telephone Corp. (Piltel) in Manila Electric Co. (Meralco), is interested in acquiring additional shares in the power distribution utility.
[DatePublished] => 2010-05-01 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 562377
[Title] => Metro Pacific group completes purchase of additional Meralco stake
[Summary] => The group of Metro Pacific Investments Corp. (MPIC) has completed the purchase of an additional 6.7 percent interest in power utility giant Manila Electric Co. (Meralco) through separate block sales crossed at the Philippine Stock Exchange yesterday.
[DatePublished] => 2010-03-31 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 554027
[Title] => Piltel income soars 57% to P17.9 billion in 2009
[Summary] => Pilipino Telephone Corp. (Piltel), a unit of Philippine Long Distance Telephone Co. (PLDT), announced yesterday a 57 percent rise in its reported net income to P17.9 billion for 2009, as against P11.3 billion in the previous year, largely due to the gain on the sale of its telecommunications business to its parent Smart Communications.
[DatePublished] => 2010-03-03 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 554029
[Title] => New firm to become single biggest stockholder in Meralco
[Summary] => Metro Pacific Investments Corp. (MPIC) and its sister firm Pilipino Telephone Corp. (Piltel) have merged their holdings in Manila Electric Co. (Meralco) into a new company that will become the single largest shareholder of the power utility giant, a move that will give the group access to more financing as it further widens its stake in Meralco.
[DatePublished] => 2010-03-03 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 547525
[Title] => Metro Pacific, Piltel to form new holding firm for Meralco stake
[Summary] => Metro Pacific Investments Corp. (MPIC) and sister firm Pilipino Telephone Corp. (Piltel) are studying the possibility of creating a new holding company to consolidate their investments in power utility giant Manila Electric Co. (Meralco).
[DatePublished] => 2010-02-09 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
