Home PLDT opposes Bayantel acquisition by Globe
 

Keywords :   


PLDT opposes Bayantel acquisition by Globe

2013-11-14 08:27:00| Telecompaper Headlines

(Telecompaper) Philippine Long Distance Telephone (PLDT) is opposing the acquisition of Bayan Telecommunications (Bayantel) by rival Globe Telecom. PLDT has filed a petition with the National Telecommunications Commission (NTC) opposing the proposed takeover, warning that it would circumvent rules on the allocation of spectrum. PLDT further said that Globe currently has a 32 percent share on the mobile market, versus PLDT's 68 percent, and that the company would acquire a disproportionate amount of spectrum in relation to subscribers, The Philippine Star writes.

Tags: acquisition globe opposes pldt

Category:Telecommunications

Latest from this category

All news

»
24.11MSX2
24.11CITY 1-13
24.11 Loveyoursself Soul DVD
24.11B787-8 1/400
24.11GIANT CONTEND SL1105
24.11HappySanrio characters Halloween
24.11
24.11emmi
More »