Agence France Presse — Limits on foreign ownership of the Philippine telecom industry should be lifted to attract investment and improve its service, a senior minister said Thursday. Currently foreign firms can own a maximum 40 per cent of Philippine utilities, including telecom companies, which should be raised, according to Economic Planning Secretary Ernesto Pernia. “If we want to attract foreign direct investment, they have to have a larger stake in the investment,” he told […]
Tag: telecommunications
Phone makers take aim at ailing Samsung with new handsets
by Daniel SILVA / Erwan LUCAS Agence France-Presse China’s Huawei, LG and other phone firms unveiled new smartphones on Sunday as they tried to capitalize on Samsung’s withdrawal of its flagship device after faulty batteries led several of the handsets to catch fire. Samsung, the world’s largest mobile phone maker, had no device of its own to show at the week-long Mobile World Congress, the phone industry’s largest annual trade fair, in Barcelona in northeastern […]
Power, telcom services down in Northern Luzon
(Eagle News)– The lash of Typhoon Lawin on Thursday has caused power interruption and disrupted telecom operations in Northern Luzon. The powerful winds from the super typhoon resulted in voice, call and data service disruptions in selected areas in Abra, Cagayan, Kalinga, portions of Ilocos Norte, and Apayao. Customers in the said areas will experience difficulty in accessing communication devices. Different technical teams from various telecom companies were already deployed to repair damaged facilities. […]
Duterte plans to visit Russia
(Eagle News)– President Rodrigo Duterte on Monday (September 27) revealed his plans for a visit to Russia, aside from the trips planned to China and Japan. “After China, I think I’ll go to Japan and I’ll go to Russia,” Duterte said during a press conference. At a previous speech during the oath taking rites of new officials of the Malacañan Press Corps, Duterte announced he was willing to open up the country to investments from […]





