Philippines antitrust agency receives setback in efforts to block SMC deal
The Philippine Competition Commission (PCC) has hit a stumbling block in its attempt to stop the country’s two dominant operators’ PHP69 billion ($1. 5 billion) deal to acquire San Miguel Corp’s (SMC) telecoms assets.
PLDT, Globe launch legal action against competition watchdog
Philippine operators PLDT and Globe Telecom filed a petition against a probe by the country’s competition watchdog PCC (Philippines Competition Commission) into their joint buyout of San Miguel Corp’s telecoms assets.
San Miguel sells telecoms assets to PLDT, Globe
The Philippines’ San Miguel Corp (SMC), after failing to find a foreign partner to launch a third mobile operator in the country, announced it is selling its telecoms assets to incumbents PLDT and Globe Telecom for more than $1 billion,…
Asia Briefs: Pakistan sets base price for 850MHz auction, Singtel opens cyber security training centre & more
Pakistan sets base price for 850MHz auction Pakistan set a reserve price of $395 million for 2x10MHz of 850MHz spectrum to be auctioned by the end of June.
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