Rocket Internet announces early closing of IPO and expected acceleration of first day of trading
MANILA, Philippines, 26th September 2014 - Philippine Long Distance Telephone Company (“PLDT”) (PSE:TEL) (NYSE:PHI), the leading telecoms operator in the Philippines, reported that Rocket Internet AG (“Rocket”) has decided to accelerate the timing of its initial public offering (the “IPO”) due to exceptional investor demand.
Rocket Internet announces IPO price range
MANILA, Philippines, 24th September 2014 - Philippine Long Distance Telephone Company (“PLDT”) (PSE:TEL) (NYSE:PHI), the leading telecoms operator in the Philippines, shared the announcement of Rocket Internet AG (“Rocket”) which contains details of its initial public offering (the “IPO”) and listing on the Frankfurt Stock Exchange planned for 9 October 2014.
PLDT welcomes Rocket Internet's announcement of intention to float
MANILA, Philippines, 10th September 2014 - Philippine Long Distance Telephone Company (“PLDT”) (PSE:TEL) (NYSE:PHI), the leading telecoms operator in the Philippines, welcomed the announcement of Rocket Internet AG (“Rocket”) of its intention to proceed with an initial public offering (the “IPO” or “Offer”) on the Frankfurt Stock Exchange in 2014.
PLDT Group hosts 10 years of Asian Carriers Conference
MANILA, Philippines, September 5, 2014 – Leading multimedia and telecoms provider PLDT and its mobile subsidiaries Smart Communications and Sun Cellular will once again host the award-winning Asian Carriers Conference (ACC), which is celebrating its 10th anniversary this year, at Shangri-La’s Mactan Resort & Spa in Cebu from September 10-13.
PLDT, Smart firm up partnership with Rocket Internet in Germany
Top officials of PLDT, Smart Communications and Germany-based global internet company Rocket Internet met in Berlin this week to discuss strategic and operational matters following PLDT's recent €333 million investment in Rocket Internet, largest and fast-growing retail e-commerce player outside the United States and China. A Philippine-based global joint venture between the two groups is also being set up to focus on mobile commerce and mobile payment solutions for emerging markets.
NLRC affirms Digitel redundancy program with finality
MANILA, Philippines, August 26, 2014 – The National Labor Relations Commission (NLRC) upheld the validity of the Digitel redundancy program in a Resolution promulgated this week.
PLDT HOME maintains market leadership in wired broadband
MANILA, Philippines, August 25, 2014 – Leading home digital services firm PLDT HOME remains the preferred wired broadband provider in the country as total subscribers exceeded the one million mark at the end of June 2014, more than double that of its nearest competitor.
PLDT partners with PCCW Global for new int’l fiber optic cable system
MANILA, Philippines, August 21, 2014 – Leading telecommunications and multimedia company PLDT has partnered with Hong Kong-based PCCW Global to undertake a new international fiber optic project, the Asia-Africa-Europe 1 (AAE-1) Cable System, which will further increase PLDT’s international bandwidth capacity and raise the resiliency of its overseas links as it enhances the quality of data and internet connections for its customers.
PLDT improves telco and multimedia services in Albay
MANILA, Philippines, August 19, 2014 – Leading multimedia and telecoms company PLDT has further improved its services in the Bicol region following an interconnection agreement with Globe Telecom in the province of Albay.