PLDT media business remains insignificant contributor to profit

 Economy
May 052013
 
PLDT media business remains insignificant contributor to profit

MANILA, Philippines – New York-based Moody’s Investors Service believes that the media business of dominant carrier Philippine Long Distance Telephone Co. (PLDT) would remain an insignificant contributor to the company’s profitability. Yoshio Takahashi, assistant vice president of Moody’s, said in the company’s new and analysis of its latest credit outlook that PLDT’s media business would remain a insignificant contributor to the company’s profitability over the next two to three years. “In this context, strengthening PLDT’s media business is a positive move, although it will remain an insignificant contributor to PLDT’s profitability over the next two to three years,” Takahashi stressed. In the global telecommunications market, he pointed out that quadruple-play services including telephone, wireless, broadband Internet, and television (TV) are increasingly important in attracting and retaining customers and at the same time increasing average revenue per user and broadening the earnings base. Furthermore, he added that the development of pay-TV would enhance the provision of content across various platforms. According to him, revenues from PLDT’s TV business accounted for about two to three percent of the total group revenues last year. The company’s net income jumped 12 percent to P35.5 billion last year from P31.7 billion in 2011, while consolidated revenues rose 10 percent to P169.33 billion from P153.96 billion. Business ( Article MRec ), pagematch: 1, sectionmatch: 1 The analyst said the PLDT Group is strategically increasing its investment in the media business to strengthen its ability to deliver multi-media content through its broadband and mobile networks. PLDT, through Read More …

Globe, PLDT grapple with interconnection issues

 Economy
Feb 282013
 
Globe, PLDT grapple with interconnection issues

MANILA, Philippines — Rivals Globe Telecom and Philippine Long Distance Telecommunications Co. continue to wage a bitter fight over interconnection problems. Globe has urged PLDT to address  the interconnection problems  in several areas in the past three days. In a statement, Globe reported  that problems began  February 25. The telco recalled that at around 8 p.m. last February 25, the local interconnection with PLDT in the province of Bulacan was monitored to be out-of-service. It was relayed immediately to PLDT and initial investigation showed the problem was owing to the unavailability of Signaling Link.  The PLDT team advised Globe that they will look into the problem and perform a reset if necessary. Globe revealed that since year 2012, the POIs with PLDT have experienced problems on the signaling link at PLDT side, prompting globe to perform a reset of these signaling links.  Business ( Article MRec ), pagematch: 1, sectionmatch: 1 On February 26, at around 12 p.m., other North Luzon local interconnections with PLDT (La Union, Baguio, Tarlac, Bulacan, Nueva Ecija) also went out-of-service,  still owing to the unavailability of signaling links. The case was again brought  to PLDT ‘s attention. PLDT informed Globe that they forwarded the concern to their technical teams and will update Globe accordingly. Yet on the morning of February 27, the local POIs were still out-of-service and PLDT was unable to give  any reason for it. Given the amount of time and the inconvenience to Globe’s customers, it became necessary for Globe to issue a public advisory Read More …

Globe tells PLDT to remove illegal attachments

 Economy
Feb 072013
 
Globe tells PLDT to remove illegal attachments

MANILA, Philippines –Globe Telecom earlier has asked  the Philippine Long Distance Telephone Co. (PLDT) to remove the illegal PLDT outside plant (OSP) facilities attached to Globe OSP facilities specifically in the areas of Batangas and Baguio. Globe set a February 8 ultimatum for  PLDT to remove the illegal attachments or else Globe itself would remove the attachments without any liability to Globe. Yoly Crisanto, Globe Head of Corporate Communications, said PLDT shall also pay Globe for the cost of the removal including any damages that may arise on its facilities. “Our Field Operations teams found PLDT OSP facilities attached to our facilities without our permission,” Crisanto said. “We have requested that PLDT remove the said illegal attachments in order to protect our own facilities from unnecessary hazards.” Aside from the areas of Baguio and Bauan, Batangas, Globe also found  illegal attachments on their facilities by Digitel in San Pedro, Laguna. “This has been an ongoing concern for quite a while, and we have raised this issue many times before with PLDT contractors,” Crisanto said, adding that she is expecting PLDT’s immediate action on the issue. 

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