Globe, PLDT buy San Miguel telecom assets for PHP 70 billion - Telecompaper (subscription)

Globe, PLDT buy San Miguel telecom assets for PHP 70 billionTelecompaper (subscription)San Miguel ha

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Globe, PLDT buy San Miguel telecom assets for PHP 70 billion
Telecompaper (subscription)
San Miguel has agreed to sell its telecom assets to Philippines operators Globe Telecom and PLDT. Each company bought half of Vega Telecom (VTI), half of Bow Arken (BAHC) and half of Brightshare (BHC) for PHP 26.4 billion (USD 1.5 billion ) in cash.

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2016-05-30T06:41:03Z 250250
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