Saying Bayan Telecommunications is in dire financial standing, Ayala-led operator Globe said in a disclosure on Thursday, May 30, that it has filed a court petition seeking to significantly restructure the debt of the Lopez-owned telco.
The roadmap updates the strategic growth plan for the Philippine information technology and business process management (IT-BPM) industry since its Road Map 2016 was first published in 2010.
Its mass market brand TM gained close to 1.4 million subscribers, almost three times the level in the same period last year and almost twice the level in the previous quarter.
Launched on Friday at the Cucina Andare night market in Glorietta 3 Park, the BPI mobile Point-of-Sale (mPOS) is the first of its kind in the country that allows business owners to accept credit card payments with their iOS and Android devices.
For P1,599 monthly, subscribers can avail of the Samsung Galaxy S4 under the Globe My Super Plan 999 with P600 monthly cashout over a 24-month contract period.
For as low as P350 for a SIM-only kit, anyone with an LTE-enabled mobile Internet device can have connection speeds of up to 42Mbps with Smart?s LTE network.
The slump in electronics exports was affected by the decline of semiconductors, which decreased by 31.3% in February 2013 partly due to the still depressed volume of outward shipments.
Convergys is expected to further tighten its grip as the largest private employer in the Philippines as it announced on Thursday that it has signed agreement under which it will acquire Datacom's contact center operations in the Philippines, Malaysia, and China.
Boosting its stock in their bitter war, Smart Communications scored a lopsided 5-0 card against fierce rival Globe Telecom in the latest tests conducted by the NTC during the first quarter of 2013.
