Manuel V. Pangilinan
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[Newspoint] Not a nice way to go

Jul 22, 2017 - 5:00 PM

The question is Has Ramon Ang come to rescue the Inquirer and its tradition of independence or its bullied owners or has he done so to further curry favor with the president?

Pangilinan, PSG, Trump and Putin | Midday wRap

Jul 19, 2017 - 1:49 PM

Watch the midday newscast with Marguerite de Leon

#ThewRap: Things you need to know, July 19, 2017

Jul 19, 2017 - 10:50 AM

Hello Here are the stories you shouldn t miss this Wednesday

MARAWI BATTLE. In this file photo, Philippine Marines help in the military offensive against the Maute Group in Marawi City on June 9, 2017. File photo by Bobby Lagsa/Rappler

PLDT sells remaining stake in Beacon to MPIC

Jun 14, 2017 - 1:30 PM

Metro Pacific Investments Corporation the sister company of PLDT buys the telco s remaining stake in Beacon for P21 8 billion

FINANCIALLY SATISFYING. 'The divestment of our Beacon investment will help the PLDT group focus on the key priorities in its core businesses. While the investment is now viewed as no longer strategic, it has nonetheless been a very financially satisfying one,' PLDT Chairman Manuel Pangilinan says. Photo by Martin San Diego/Rappler

PLDT eyes gains from manpower reduction, asset sales but expects 'steep climb'

Jun 13, 2017 - 11:35 PM

The telco is projecting savings of around P7 billion over several years from outsourcing its IT to IBM and is still eyeing selling the rest of its stake in Meralco

MVP group still keen on GMA-7 stake

Jun 12, 2017 - 8:30 AM

We are open anytime but the offer must be acceptable to us says Manuel V Pangilinan

REVIVAL? Manuel Pangilinan, however, clarifies that as of June 9 this year, there are "no discussion yet" between his and Gozon's groups. Photo by Martin San Diego/Rappler

MVP happy with Gilas so far but wary of SEA neighbors rising

May 17, 2017 - 10:11 PM

Certain countries in Asia are [rising] We can t just pretend that we will continue our lead says MVP

NO TO COMPLACENCY. Manny V. Pangilinan says the Philippines cannot be complacent in Southeast Asia. Photo by Josh Albelda/Rappler

PLDT builds 1st 'Fibr City' in Mindanao

Apr 09, 2017 - 11:10 PM

General Santos is PLDT s first Fibr City in Mindanao allowing the telco to bring ultra fast internet speed there

MINDANAO'S FIRST. This allows the telecommunications giant to provide residents in General Santos upload and download speeds of up to 1 Gbps at subscription fee of P1,899 per month. Rappler file photo

Smart expanding LTE coverage to more municipalities

Mar 26, 2017 - 11:55 PM

The expansion is part of Smart s 3 year network rollout plan where it told the NTC that it will make LTE progressively available to users in 1 551 cities and municipalities by 2018

PROMISE TO NTC. Smart vows to provide more users LTE service by 2017. Rappler file photo

Metro Pacific clarifies funding amid drop in share price

Mar 23, 2017 - 7:15 PM

Metro Pacific management clarifies that the conglomerate will not conduct a capital raising exercise in the near future

SIGNIFICANT DROP. From P6.90 each at the start of month, share price of Metro Pacific drops to P6 on Wednesday, March 22. Rappler file photo

PLDT to outsource back-office IT to IBM

Mar 07, 2017 - 9:20 PM

PLDT chief Manuel V Pangilinan says he wants to ensure all or most of the 1 000 affected employees will be absorbed by IBM

CUT COSTS. 'Profitability has been reset to a lower level, reflecting the impact of the changes in the business, our customer base, and our organization,' PLDT chief Manuel V. Pangilinan says. Photo by Martin San Diego/Rappler

PLDT still no.1 among mobile subscribers

Mar 07, 2017 - 6:31 PM

PLDT says its subsidiary Smart Communications Incorporated closed 2016 with 63 03 million subscribers against rival Globe Telecom s 62 8 million subscribers

'The picture seems to be brighter for 2017 and the job of the management is to continue moving forward positively all the way up to 2019,' PLDT's Manuel V Pangilinan says. Photo by Martin San Diego/Rappler

MVP group plans to build children's hospital in Metro Manila

Mar 05, 2017 - 11:15 PM

Metro Pacific chief Manuel V Pangilinan says there is a huge market for children s care

HOSPITAL GROUP. Metro Pacific Investment Corporation's hospital units include the Makati Medical Center and its College of Nursing. Screen grab from Makati Medical Center's online virtual tour

Senate to Smart: Conduct IPO and we'll extend franchise

Mar 02, 2017 - 3:16 PM

The Senate public services committee removes the co use provision but retains tax exemptions for telcos with franchises

FRANCHISE EXTENSION. 'We are pressed for time. We cannot allow the franchise to expire,' says Senator Juan Miguel Zubiri, who authored Senate Bill 1302 or the bill to extend Smart's franchise. Photo by Alecs Ongcal/Rappler

Metro Pacific sustains double-digit income growth despite tariff issues

Mar 01, 2017 - 8:20 PM

The overdue hike adjustment is not stopping the infrastructure conglomerate from expanding its businesses with MPIC almost doubling its capital spending budget to P79 billion this year

2017 OUTLOOK. 'While it is too early to give earnings guidance for the year, it is self-evident that returns to shareholders, who have so far supported our extensive level of investment, will depend on the resolution of our long-pending tariff issues,' MPIC chief Manuel V. Pangilinan says. Photo by Martin San Diego/Rappler

TV5 dismisses 98 employees; MVP says it's the last batch

Feb 27, 2017 - 6:02 PM

The TV5 Employees Union says management has given conflicting reasons for the dismissal Manuel Pangilinan says whole new content strategy to make station debt free by 2019

Meralco likely to hit target profit for 2016

Feb 21, 2017 - 5:45 PM

For 3 months starting March Meralco consumers may also experience a rate hike of P0 92 per kilowatt hour on a staggered basis

HIT THE GUIDANCE. 'Most likely, yes [we will hit the guidance]. Overall demand for bill volume is about slightly above 8% for the entire year,' Meralco Chairman Manuel V. Pangilinan says. Photo by Martin San Diego/Rappler

PLDT partners with Huawei for 5G rollout in 2020

Feb 14, 2017 - 2:55 PM

In a recent visit to the Huawei headquarters PLDT chief Manuel V Pangilinan signs an agreement with the president of a unit of the Chinese ICT giant

IS PH READY? But before rolling out 5G here in the country, PLDT says it will focus on 'future-proofing' its network. Photo from PLDT Incorporated

Duterte hosts intimate dinner for top businessmen

Jan 18, 2017 - 4:40 PM

The 3 hour dinner is organized by former president and now Deputy Speaker Gloria Macapagal Arroyo and Presidential Consultant for Entrepreneurship Joey Concepcion

DINNER WITH BUSINESSMEN. President Rodrigo Duterte hosts a dinner for the country's top businessmen on January 17, 2017. Photo by Rey Baniquet/Presidential Photo

Smart targets Metro Manila for LTE coverage expansion

Jan 16, 2017 - 2:55 PM

The telco says its subscribers can experience improved coverage and quality of voice calls SMS and mobile internet as it expands its network in the next 3 months

DEPLOY MORE. 'This is a key part of our efforts to transform the PLDT and Smart network into the country’s most future-ready data infrastructure delivering a wide range of gigabit digital solutions,' Manuel Pangilinan, chairman and CEO of Smart and PLDT, says. Photo by Alecs Ongcal/Rappler

MVP's Metro Pacific proposes Sangley-Cavitex expressway

Jan 04, 2017 - 7:10 PM

The complete project proposal for the 9 80 kilometer 4 lane divided expressway is underway

THE LINK. This is an 'expressway proposed as a replacement to the original Segment 5 alignment which was taken over by the DPWH and now designated as the Centennial Road,' a project brief shown by the MVP group reads. Rappler file photo

MVP open to reviving talks with GMA

Dec 24, 2016 - 11:15 AM

Manuel V Pangilinan reacts to GMA Network s major shareholders pronouncement that they are open to selling their shares at the right price

SIGNALS INTEREST. 'It is too late to do anything for 2016, but we're always open. A lot of it depends really on how our numbers would look like for 2017,' PLDT President and CEO Manuel V. Pangilinan says. Rappler file photo

MVP open to partnering with Sy or Ang for new Manila airport

Nov 28, 2016 - 12:40 AM

One thing is sure – the Philippines needs a new airport to ease congestion at the NAIA

UPGRADED. The NAIA Terminal 1's improved check-in lobby. Photo from Department of Transportation

Weakening peso 'positive' for Philex Mining, PLDT

Nov 25, 2016 - 1:26 PM

While the weaker peso means higher debt servicing for the government it is positive for some firms whose revenues are denominated in US dollars

A BOON. Of all his businesses, Manuel V Pangilinan says Philex Mining is the "main beneficiary" of the depreciating peso. Rappler file photo

MVP on Reed Bank exploration: 'Absolutely no movement'

Nov 21, 2016 - 8:00 AM

Meanwhile a congressman is worried about energy security and says it is high time to allow the resumption of the stalled projects

NO MOVEMENT. After the Philippines' win against China over the West Philippine Sea, Pangilinan-led PXP Energy awaits government's cue on Reed Bank exploration. Photo by Alecs Ongcal/Rappler

MVP: PLDT expects lower income for 'horrible' 2016

Nov 14, 2016 - 5:25 PM

It s an annus horribilis horrible year Hopefully 2017 will be annus mirabilis wonderful year PLDT chairman Manuel V Pangilinan says after announcing the company s latest financial performance

'A HORRIBLE YEAR.' By the third quarter, Pangilinan says PLDT lost 3 million wireless subscribers to 65 million from the 68 million recorded in the second quarter mainly on competition. Rappler file photo

Metro Pacific raises income target to P11.7B in 2016

Nov 08, 2016 - 8:10 PM

But while its income goes up the conglomerate s revenue loss from delayed tariff rate adjustments also increases

LONG OVERDUE. Metro Pacific President Jose Ma. Lim says his firm is in discussions with the new administration on resolving some of its overdue tariff increases are ongoing. Photo by Chrisee Dela Paz/Rappler

Globe Telecom targets 500 more LTE 700 MHz cell sites by end-2016

Aug 29, 2016 - 1:05 AM

Globe Telecom accelerates the deployment of cell sites using the 700 MHz band amid a court battle against the Philippine Competition Commission regarding the San Miguel telco buyout

SPEED UP. These cell sites are expected to substantially improve mobile Internet experience of customers in the region. Image from Shutterstock

PLDT's income drops by 33% on Rocket Internet losses

Aug 02, 2016 - 5:00 PM

To compensate its increased spending PLDT cuts its dividend payout to 60 of core income from 75

IMPAIRMENT LOSSES. Despite the disappointing performance of Rocket Internet, PLDT chief Manuel Pangilinan says his telco will hold on to the investment. Photos by Chrisee Dela Paz/Rappler

PLDT expands ties with Japan's NTT for 100Gbps ultra-bandwidth

Aug 01, 2016 - 12:20 AM

With the 100Gbps ultra bandwidth connectivity PLDT says it will be able to handle traffic bursts and scale up faster to accommodate subscriber demands

BIGGEST YET. PLDT says this partnership deal will result to 'high-capacity Internet protocol connectivity covering Asia, North America, Europe and Oceania.' Photo by Chrisee Dela Paz/Rappler

Smart Unbox: The debut of new technologies

Jul 18, 2016 - 9:47 PM

The telco launched a quarterly unveiling of their latest innovations and offers last July 13

Reed Bank exploration: Philex Petroleum may seek new foreign partner

Jul 14, 2016 - 3:52 PM

After the Philippines win against China over the West Philippine Sea Philex Petroleum awaits government s cue on Reed Bank exploration

NEW PARTNER? Philex Petroleum chief Pangilinan hints his company might look for new foreign partner/s for Reed Bank exploration. Photo by Alecs Ongcal/Rappler

Manny V. Pangilinan, JAZA, and a 'hands-off' Aquino

Jun 27, 2016 - 9:30 AM

The businesses of Manuel V Pangilinan and Jaime Augusto Zobel de Ayala performed generally well these last 6 years thanks to a Chief Executive who is a bit hands off an analyst says

FAIRLY WELL. A stock analyst who closely monitors JAZA's (right) and MVP's (left) businesses say their good performance is mainly because of an administration who is a bit hands off to the private sector

The other side of San Miguel's telco buyout

Jun 17, 2016 - 6:07 PM

Over 900 workers and hundreds of cell sites face uncertainty because of the San Miguel deal with PLDT and Globe

UNFULFILLED TELCO AMBITION. Despite the botched partnership with Telstra Corporation, San Miguel was expected to launch this 2016 its mobile services through BellTel

Amid regulatory probe, Globe powers 130 cell sites in Visayas, Mindanao

Jun 15, 2016 - 4:57 PM

This is despite the Philippine Competition Commission s claim that the deal to buy out all of SMC s telecommunication businesses has not been deemed approved yet

MOVES ON. Globe continues to fire up more cell sites using SMC's frequency, despite some questions from PCC

San Miguel, MVP group eye partnership for $10B airport

Jun 14, 2016 - 8:45 PM

Sought for comment Pangilinan says: As to infrastructure in general yes we are open to that

NEW PARTNER? Ramon Ang says San Miguel is also in talks with MVP group for other big ticket projects that the government may bid out in the future. Photo by Agence France-Presse

Globe, PLDT activate 1st 700 MHz cell sites

Jun 07, 2016 - 5:30 PM

3rd UPDATE Globe will initially activate 200 LTE cell sites using the 700 MHz frequency while PLDT plans to roll out 360 cell sites this year

HEAD-TO-HEAD. Globe and PLDT say the 700 MHz frequency is key to provide faster internet speeds in the country, as it can easily penetrate buildings and walls and has greater coverage with fewer infrastructure needed

Think tank urges gov't review of San Miguel telco assets sale

Jun 02, 2016 - 7:03 PM

The Foundation for Economic Freedom also calls on Congress to conduct a probe into the deal

MAKING A DENT. Monopolies and duopolies in strategic sectors like telecommunications are the reasons the Philippine economic growth for the past years is not making a dent in the poverty rate

San Miguel says it barely made money from telco divestment

May 31, 2016 - 6:34 PM

San Miguel s Ramon Ang says PLDT and Globe approached the conglomerate regarding the buyout of its telecommunication assets

MIXED SENTIMENTS. Shares of San Miguel go up after the announcement of the sale of its telco business. In the photo is Ramon Ang. Photo by Agence-France Presse

San Miguel's sale of telco business: Will consumers benefit?

May 31, 2016 - 8:00 AM

The Philippines major telco rivals stand together raising concerns about competition and consumer interest

NOT A TYPICAL DEAL. With San Miguel entrusting its prized 700 megahertz spectrum to Globe and PLDT, will this mean better, more reasonable Internet services for subscribers? Photo from Shutterstock

Metro Pacific buys additional 25% interest in Beacon from PLDT

May 30, 2016 - 4:45 PM

Through this deal Metro Pacific will increase its direct and indirect economic interest in Meralco to 41 making it the single largest source of cash generation for the conglomerate

BETTER CASH FLOW. In undertaking this investment, Metro Pacific President and CEO Jose Ma Lim says the firm has enhanced its overall cash flow and growth prospects. Photo by Chrisee Dela Paz/Rappler

San Miguel selling telco assets to PLDT, Globe

May 30, 2016 - 9:29 AM

4th UPDATE San Miguel sells its telecommunication business to PLDT and Globe a couple of months after its talks with Telstra Corporation failed

MIXED SENTIMENTS. Shares of Globe and PLDT went up after the announcement of the acquisition of San Miguel's telco business. In the photo are Ramon Ang (L), Ernest Cu (C), and Manuel Pangilinan (R)

Pangilinan-led MPIC to Duterte admin: Let's start with a clean slate

May 30, 2016 - 1:00 AM

If arbitration cases are left unresolved by yearend the Duterte administration will inherit over P12 billion in compensation claims from MPIC

CLEAN UP. Metro Pacific's Manuel V. Pangilinan (L) replies when asked on his message to incoming president Duterte: 'There’s gotta be a clean-up. We don't wan't to be in a case with the government." In the photo also are MPIC President Joey Lim (C) and MPIC CFO David Nicol (R). Photo by Chrisee Dela Paz

First Pacific group acquires 56% stake in Global Business Power

May 27, 2016 - 8:23 PM

MPIC says it will use excess cash to raise equity stake in Meralco through buying more Beacon Electric shares from PLDT

MORE POWER INVESTMENTS. This new partnership with GT Capital strengthens the cash position of First Pacific, MPIC's Pangilinan (R) says. In the photo are MPIC's Jose Ma Lim (C) and David Nicol (R). Photos by Chrisee Dela Paz/Rappler

Philippine economy ready for any president

May 04, 2016 - 2:56 PM

UPDATED Inheriting a strong balance sheet and investment grade ratings the economy will continue to rise among neighbors local businessmen and industry leaders say

REMAIN RESILIENT. Local businessmen say the country’s economic growth performance is not tied with just one politician. In the photo are Rodrigo Duterte (R) Jaime Augusto Zobel de Ayala (L) and Ramon del Rosario Jr. (M). Photo by Alecs Ongcal/Rappler

PLDT's Q1 net income dips as it continues digital pivot

May 03, 2016 - 6:17 PM

PLDT Chairman and CEO Manuel V Pangilinan says competition remains intense and the shift to lower margin revenues continues

DIGITAL PIVOT. PLDT Chairman and CEO Manuel V. Pangilinan (middle) says strong gains in data, broadband and digital services, compensate for continued declines in long distance and SMS revenues. Photo by Chrisee Dela Paz/Rappler

PLDT partners with Japan's NTT for new mobile data service

May 01, 2016 - 11:10 PM

PLDT says the new mobile data service targets the roughly 240 000 Filipinos residing in Japan

STRENGTHEN FOOTPRINT. Japan's NTT group owns 20% stake in Philippines' PLDT

PLDT drops 'long distance,' soon to be called PLDT, Inc

Apr 13, 2016 - 9:16 AM

With the availability of free voice over Internet protocol VoIP services like Viber are long distance telephone calls a thing of the past?

INTENSE. PLDT expects intense competition to further cut its earnings this year. File photo by Agence France-Presse

SBP concerned about Blatche's conditioning

Apr 12, 2016 - 7:30 PM

Samahang Basketbol ng Pilipinas president Manuel V Pangilinan hopes to see the Blatche that suited up in Spain and not in Changsha

Ticket prices for Olympic qualifying tournament in Manila bared

Apr 12, 2016 - 6:15 PM

Panlilio says fans who cannot watch the tournament can rely on TV5 coverage Some viewing parties are also being planned