Vega Telecom
Telecommunications company in the Philippines
- Bell Tel
- Eastern Communications
- Liberty Telecoms
- Express Telecom
- Hi-Frequency Telecommunications, Inc.
Vega Telecom Inc. is a Filipino telecommunications company jointly owned by Globe Telecom and PLDT. It was established as a holding company of San Miguel Corporation for its various telecommunications investments. In separate statements on May 30, 2016, Globe Telecom and PLDT each acquired half of Vega Telecom from San Miguel Corporation for P69.1 billion. The acquisition entailed P52.08 billion for 100% equity interest in Vega Telecom and the assumption of around P17.02 billion of liabilities.[1][2][3] The deal was closed in May 30, 2017.[4]
Subsidiaries
- Bell Telecommunications Philippines, Inc.[1][2]
- Eastern Telecommunications Philippines Inc.[1][2]
- Liberty Telecommunications Holdings, Inc.[2]
- Cobaltpoint Telecommunications Philippines, Inc. (formerly Express Telecom)[1][2]
- Hi-Frequency Telecommunications, Inc.[1]
- Tori Spectrum Telecommunications, Inc.[1][2]
References
- ^ a b c d e f "PLDT - Globe to Acquire Telecommunications Business of San Miguel". PLDT. May 30, 2016. Retrieved June 21, 2021.
- ^ a b c d e f "Globe Announces the Partial Acquisition of San Miguel Corporation's Telecommunications Business". Globe. May 30, 2016. Retrieved June 21, 2021.
- ^ "San Miguel Ends Telco Push With $1.5 Billion 'Master Stroke'". May 30, 2016 – via www.bloomberg.com.
- ^ Camus, Miguel R. (May 31, 2017). "PLDT, Globe complete purchase of SMC'S telecommunications unit". INQUIRER.net. Retrieved June 28, 2021.
External links
- BellTel
- Eastern Communications
- Liberty Telecoms Holdings
- wi-Tribe Philippines
- v
- t
- e
San Miguel Corporation
- Founder
- Enrique María Barretto de Ycaza
- Chairman
- Vacant
- Vice Chairman, President (CEO) and COO
- Ramon S. Ang
- San Miguel Brewery
- Ginebra San Miguel
- San Miguel Food and Beverage
- San Miguel Yamamura Packaging Corporation
- San Miguel Properties
- Petron Corporation
- SMC Global Power Holdings Corporation
- San Miguel Energy Corporation
- San Miguel Holdings Corporation
- Manila North Harbor Port, Inc.
- Bank of Commerce
- Northern Cement Corporation
- SMC Asia Car Distributors Corporation
- Delta Djakarta
- Ginebra San Miguel
- Magnolia
- Monterey
- Petron
- Purefoods
- Red Horse Beer
- San Miguel Pale Pilsen
- San Miguel Beermen
- Barangay Ginebra San Miguel
- Magnolia Hotshots
- Petron Blaze Spikers (defunct)
- San Miguel Alab Pilipinas
- Magnolia Purewater Wizards (defunct)
- San Miguel Beermen (ABL) (defunct)
- Pop Cola Panthers (defunct)
- Powerade Tigers (defunct)
- Enrique María Barretto de Ycaza
- Pedro Pablo Róxas
- Antonio Róxas de Ayala
- Andrés Soriano
- Andrés Soriano Jr.
- Andrés Soriano III
- Eduardo M. Cojuangco Jr.
- Red Horse Beer Pambansang Muziklaban
- Mahou-San Miguel Group
- Headquarters
- 40 San Miguel Avenue, Mandaluyong, Metro Manila
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1 Joint venture • 2 Defunct |
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