Vega Telecom
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 excluding Eastern Telecommunications Philippines Inc. still under San Miguel Group as of this day. 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]
| Type | Subsidiary |
|---|---|
| Industry | Telecommunications |
Area served | Philippines |
| Services | Wireless Telephony Broadband Internet |
| Parent | PLDT (50%) Globe Telecom (50%) |
| Subsidiaries |
|
Subsidiaries
- Bell Telecommunications Philippines, Inc.
- Liberty Telecommunications Holdings, Inc.
- Cobaltpoint Telecommunications Philippines, Inc. (formerly Express Telecom)
- Hi-Frequency Telecommunications, Inc.
- Tori Spectrum Telecommunications, Inc.
References
- "San Miguel Ends Telco Push With $1.5 Billion 'Master Stroke'". May 30, 2016 – via www.bloomberg.com.
External links
1 Joint venture |
| Mobile operators | |
|---|---|
| Virtual operators | |
| Defunct operators |
|
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