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PLDT and Globe Telecom win court injunction in San Miguel case

Connectivity BusinessbyConnectivity Business
August 30, 2016
in Government and Legal, Investments, Space Services
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Philippine telcos PLDT and Globe Telecom have scored an initial victory in their bid to prevent the local competition regulator from reviewing their planned PhP69.1bn (US$1.48bn) acquisition of San Miguel Corp’s telecoms assets, with the country’s Court of Appeals granting a preliminary injunction.  Philippine telcos PLDT (PSE:TEL) and Globe Telecom (PSE:GLO) have scored an initial victory in their […]

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Tags: Asia PacificGlobe TelecomPhilippine Long Distance Telephone (PLDT)PremiumSan Miguel Corporation (SMC)TF248
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