Televersa Online Chooses Proxim Wireless for German WiMAX.
ENTERTAINMENT CLOSE-UP-8 July 2008-Televersa Online Chooses Proxim Wireless for German WiMAX(C)2008 - CloseUpMedia - newsdesk@closeupmedia.com Proxim Wireless, a provider of end-to-end broadband wireless systems that deliver the quadruple play, announced that Televersa Online, a full service telecommunications provider in Bavaria, Germany, has chosen Proxim Tsunami MP.16 WiMAX...

PLDT's SubicTel completes P210-M fiber optic project.
Byline: Emmie V. Abadilla Subic Telecommunications Company Inc. (SubicTel), a subsidiary of Philippine Long Distance Telephone Co., has just completed its P210-million state-of-the-art fiber optic connection meant to pave the way for new investors in the Subic Bay Freeport Zone. The project was completed through...

PLDT core profit to hit P35 B in 2007.
Byline: EMMIE V. ABADILLA The Philippine Long Distance Telephone Company (PLDT) projects core profits of P34 to P35 billion for 2007, Chairman Manuel V. Pangilinan told reporters yesterday. For the first nine months, PLDT has reported a consolidated core net profit of P26.2 billion, up...

Developer builds P300-M Binan IT park.
Byline: Bernie Cahiles-Magkilat One Asia Development Corp., the property arm of Republic Biscuit Corp. (Rebisco) in charge of its large-scale and high-end developments, is investing as much as P300 million for the development of a ten-hectare IT park and commercial center in Binan, Laguna. Victor...

PLDT pushes reorganization.
Byline: EMMIE V. ABADILLA The Philippine Long Distance Telephone Company (PLDT) is reorganizing its corporate structure into segments to further strengthen its wireless, fixed, broadband, Business Process Outsourcing (BPO) and media/content businesses. As Group President and CEO, Napoleon L. Nazareno is overseeing the reorganization. He...

Cable to link Florence, Alaska.
Byline: Susan Palmer The Register-Guard Greater computer bandwith is headed to Florence but it may be awhile before locals have access to it. An Alaska telecommunications company has announced that it will run a fiber optic cable from the coastal town of Homer south to Oregon next...

Operation of WESM Visayas tied to power capacity additions.
Byline: MYRNA M. VELASCO The timing of the commercial operation of the Wholesale Electricity Spot Market (WESM) in the Visayas shall be anchored on capacity additions as proposed by power investors, a ranking energy official has noted. Energy Undersecretary Melinda L. Ocampo acknowledged that the...

BoI rejects PLDT bid for tax incentives.
Byline: Bernie Cahiles-Magkilat The Board of Investments has denied Philippine Long Distance Telecommunications Co. (PLDT) of income tax holiday incentives for its multi-billion-peso next-generation network (NGN) projects saying the nationwide franchise of the dominant telecoms carrier is already an incentive in itself. A member of...

Globe plans up to $ 300-M new loans.
Byline: James A. Loyola Globe Telecom, the country's second-largest phone company, may borrow $ 200-$ 300 million this year to fund planned capital spending of up to $ 450 million, a company official said yesterday. "We're looking at borrowing $ 200-$ 300 million in the...

Valente Accepts ExteNet Systems EVP / COO Post.
ENTERTAINMENT CLOSE-UP-21 May 2008-Valente Accepts ExteNet Systems EVP / COO Post(C)2008 - CloseUpMedia - newsdesk@closeupmedia.com ExteNet Systems named Oliver M. Valente to the newly created post of executive vice president and chief operating officer. Valente most recently served as senior vice president, product management and...