Tuesday, March 29, 2011

PLDT to buy 52% of Digitel...

GMA News reports that PLDT will buy 52% of Digitel. When the deal is done, this would effectively place Sun Cellular under the control of PLDT. This would put PLDT in control of its third Telecom, as it already owns Smart Communications and Red Mobile.

Given how much Sun Cellular change the industry, especially in terms of pricing, having it go under the control of PLDT is a bit of a worrisome thing. 

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