PLDT 2010 Net Income Hits PhP40.2B

Philippine Long Distance Telephone Co. (PLDT, PSE: TEL) has announced net income of PhP40.2 billion for 2010, up 1% from the PhP39.8 billion recorded last year. Core net income, net of exceptional items, rose 2% to PhP42 billion. A closer look at the underlying revenue mix will show the ongoing transition of revenue streams with […]
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Manila Jockey Club, GMA New Media to Upgrade Horse-racing Industry

Horse-racing operator Manila Jockey Club Inc. (PSE: MJC) and media solutions firm GMA New Media Inc. (NMI), a subsidiary of GMA Network Inc. (PSE: GMA7), have sealed their plan to expand the reach of betting in the country’s horse-racing industry. In a statement, MJCI Executive Vice President and COO Alfonso Reyno III said that the […]
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IP Converge Granted PhP105M Loan to Set Up Fort Bonifacio Data Center

IP Converge Data Center Inc. (PSE: CLOUD), the information technology and telecommunications arm of IPVG Corp. (PSE: IP), has signed a PhP105 million loan agreement with Banco de Oro Unibank Inc. (PSE: BDO) to finance the construction of a new Internet data center facility in Bonifacio Global City, Taguig.  IP-Converge’s main Internet Data Center located […]
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