PLDT (TEL) posted a total revenue of 181 Billion Pesos for 2020. TEL’s 2020 revenue is an increase of 11.8 Billion Pesos from 2019. TEL is able to translate that revenue into cash flow from operations of operations of 85.1 Billion Pesos. TEL’s 2020 85.1 Billion cash flow from operations is an increase of 15.7…Read More→
Among the areas in the South China Sea, Reed Bank is the most promising area for oil and gas exploration. Reed Bank/Recto Bank is said to contain most of the oil and natural gas in the South China Sea. For that, China is not keen on giving their claim to the area without participation in…Read More→
Someone has said that in deal making, if you are a buyer pretend to be a seller and if you are a seller pretend to be a buyer. After Business World has reported that the Philippine Competition Commission (PCC) green-lit DMC Urban Property Developers, Inc.’s acquisition of Smart Towers, the Makati-based office building assets of…Read More→
It was reported that DMC Urban Property Developers, Inc.’s acquisition of PLDT’s (TEL) Smart Towers office building and the land they are built on has been approved by the Philippine Competition Commission. The sale is amidst the threats TEL is facing. TEL is facing a triple threat – of elevated capital expenditure requirements, elevated debt…Read More→
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