Globe Telecom Signs PhP20B Term Loan Facility

Taguig—(PHStocks)—Globe Telecom Inc. (PSE: GLO) signed a 12-year and 15-year PhP20 billion term loan facility arranged by First Metro Investment Corp. with Metropolitan Bank and Trust Co. (PSE: MBT) as lender. The loan shall be used to finance the acquisition of a 50% equity interest in Vega Telecom Inc., Bow Arken Holdings Co. Inc., and Brightshare […]
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Voluntary Delisting of Liberty Telecoms

Makati—(PHStocks)—During a special meeting held today, the Board of Directors of Liberty Telecoms Holdings Inc. (PSE: LIB) approved and authorized the voluntary delisting of the company’s shares from The Philippine Stock Exchange Inc. (PSE). The voluntary delisting will be implemented and undertaken in accordance with, and pursuant to, the Delisting Rules of the PSE. The […]
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PLDT and Globe Close Purchase of San Miguel Telecoms Businesses

Makati—(PHStocks)—Philippine Long Distance Telephone Co. (PLDT, PSE: TEL) today announced that further to the disclosure made earlier today on its acquisition of the telecommunications business of San Miguel Corp. (PSE: SMC), PLDT and Globe Telecoms Inc. (PSE: GLO) have signed and executed (i) a Sale and Purchase Agreement (SPA) with SMC to acquire the entire share capital of Vega Telecom […]
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SMC’s Vega Telecom Acquires AGNP

San Miguel Corp. (PSE: SMC), through its subsidiary Vega Telecom Inc. (Vega), has acquired 100% of the outstanding and issued shares of stock of Australian Gigahertz Network Philippines Inc. (AGNP) comprising of one hundred thousand (100,000) common shares with a par value of P100.00 per share. The Sale Shares were registered in the name of […]
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