Philippine Long Distance Telephone Company (PLDT) and Globe Telecom, the Philippines’ two main operators, have agreed to buy the telecoms assets of conglomerate San Miguel Corp (SMC) in a 50-50 deal valued at PhP69.1bn (US$1.48bn) including liabilities of PhP17.15bn (US$367m). Philippine Long Distance Telephone Company (PLDT) (PSE:TEL) and Globe Telecom (PSE: GLO), the Philippines’ two main operators, have agreed to […]