Police arrested nine men early Sunday, June 14, after they were allegedly caught cutting and hauling copper telecommunication cables worth P163,852 along Commonwealth Avenue in Quezon City. Batasan Police Station 6 personnel intercepted the suspects around 4 a.m. in Barangay Matandang Balara while...
Telecommunications giant PLDT Inc. is open to investing in the planned artificial intelligence (AI) hub in New Clark City, but the absence of a clear roadmap for the data center industry could throw the plan into disarray, according to tycoon Manuel V. Pangilinan. Pangilinan, chairman and chief...
Telecommunications giant PLDT Inc. is listing its data center assets as a Real Estate Investment Trust (REIT) to unlock a reliable source of capital and manage its debt burden. PLDT chairman and chief executive officer Manuel V. Pangilinan confirmed that the company has decided to move forward with...
Smart Communications Inc., the wireless arm of telecommunications giant PLDT Inc., is leaning on hyper-personalized data packages to sustain revenue growth as accelerating inflation threatens to cool consumer spending. PLDT Chief Operating Officer Menardo Jimenez said the company’s ability to...
Telecommunications giant PLDT Inc. is going all in on solar energy as it plans to roll out a new service offering that would allow customers to pay for internet and solar power solutions under a single package. PLDT, through its broadband unit PLDT Home, said it is exploring a “pioneering...
Maya Innovations Holdings Pte. Ltd., the fintech arm of telecommunications giant PLDT Inc., is maintaining its ambition to pursue a $1 billion initial public offering as early as this year, even as escalating geopolitical tensions in the Middle East threaten to disrupt global capital markets....
The Bangko Sentral ng Pilipinas (BSP) order for e-wallets to sever links with online gaming applications has weighed on the earnings of both gaming companies and the e-wallet platforms themselves. Unicapital Securities Inc. Research Analyst Peter Louise D. Garnace said the unlinking of online...
For seasoned executive Victor Genuino, the Philippines is poised to become a major powerhouse for data centers—a go-to destination for tech companies driving the next wave of digital progress. It’s a bold vision, and one he is already executing as head of VITRO Inc. “My dream is for the...
Ayala-led telecommunications provider Globe Telecom Inc. aims to capture a larger share in the broadband market in the near term, as demand for higher data capacity rises and the threat from new players becomes more apparent. Carl Cruz, president and chief executive officer (CEO) of Globe, said the...
Telecommunications giant PLDT Inc. posted higher earnings in the third quarter even as its digital bank arm, Maya, experienced a slight setback in its growth momentum following its delinking from online gambling platforms. PLDT Chairman and Chief Executive Officer (CEO) Manuel V. Pangilinan said...
Telecommunications giant PLDT Inc. has set its sights on constructing its 12th and largest data center in Cavite, pending the high occupancy rate of its facility in Sta. Rosa, Laguna, and a risk assessment study on the potential site. VITRO Inc., the data center arm of PLDT, plans to build a data...
Publicly listed telecommunications firms, particularly market leaders PLDT and Globe Telecom, are taking a beating on the local stock market as investors shy away due to the potential impact of the Konektadong Pinoy Act and new online gambling restrictions on e-wallets. “The sector has been on...
