Globe Telecom Inc. has achieved the ₱9.5 billion second closing of 750 towers to be transferred to Frontier Tower Associates Philippines Inc. (Frontier Towers), the telco disclosed Monday, Dec. 12. With this latest closing, the telco has transferred a total of 1,550 out of the 3,529 towers to...
Coronavirus vaccines have been prepared for distribution at a vaccination site in Manila on May 18, 2021. (Ali Vicoy/Manila Bulletin) The Department of Health (DOH) has requested the Commission on Audit (COA) to conduct a special audit of Covid-19 vaccine deals in November last year, said DOH...
The Department of Transportation (DOTr) forged an agreement with fiber broadband network provider Converge, Thursday, Nov. 17, 2022, to provide free public Wi-Fi services in passenger terminals of nine international and domestic airports across the country. The DOTr-Converge agreement will improve...
Two congressmen have filed House resolutions (HRs) seeking an inquiry in aid of legislation on the recent partnership that was forged by local media giants TV5 and ABS-CBN. TV5 logo (top) and ABS-CBN logo (Wikipedia) READ: https://mb.com.ph/2022/08/11/tv5-abs-cbn-announce-landmark-deal/...
The briefing on the recent deal between the shuttered ABS-CBN and TV5 has been removed from the agenda of the House Committee on Legislative Franchises meeting that was scheduled for Thursday, Aug. 18. The House plenary (Ellson Quismorio/ MANILA BULLETIN) This was discovered by House reporters on...
SAGIP Party-list Rep. Rodante Marcoleta claimed that the merger between ABS-CBN and TV5 violated a provision in the franchise of the latter. SAGIP Party-list Rep. Rodante Marcoleta (Facebook) Marcoleta highlighted this during his privilege speech during the plenary session Monday, Aug. 15, wherein...
The United States is offering the Philippines Chinook helicopters as a substitute for the Mi-17 helicopters from Russia, which the government would have had if it did not scrap its purchase deal with Russia. Philippine Ambassador to the US Jose Manuel "Babe" Romualdez said Monday the Philippines is...
Globe Telecom Inc. today (Friday, August 12) diclosed it has obtained Board approval to sell over 7,000 towers, of which 66 percent are located in Luzon, 19 percent in Mindanao and 15 percent in Visayas. The telco already signed two sale and leaseback agreements for two portfolios consisting of...
ABS-CBN Corporation (ABS-CBN) and TV5 Network, Inc. (TV5), Thursday (August 11) executed an Investment Agreement allowing ABS CBN to acquire 6,459,393 primary (new) common shares in TV5, representing 34.99 percent of its total voting and outstanding capital stock, for P2.16 billion. After the...
The Department of National Defense (DND) announced Wednesday, August 10, that it was formalizing the termination of a contract with a Russian company for the procurement of 16 units of Mil Mi-17 heavy-lift helicopters for the Philippine Air Force (PAF). Department of National Defense spokesperson...
KIEW, Ukraine -- Ukrainian President Volodymyr Zelensky has lashed out at Amnesty International after it accused his forces of violating international law and endangering civilians in their defence against Russia's invasion. Ukrainian President Volodymyr Zelensky delivers a statement during a joint...
TEHRAN, Iran -- Iran said Monday it remains "optimistic" about a possible revival of the 2015 nuclear deal after the European Union tabled a proposal aiming for a compromise in the talks stalled since March. "We remain optimistic that the negotiation process will lead us to a logical and reasonable...
