You are here

Philippines' PLDT, Globe to buy San Miguel telecoms assets for US$1.5b


THE Philippines' top two telecoms firms agreed to buy conglomerate San Miguel Corp's assets in the sector for nearly US$1.5 billion in a joint deal they said will significantly upgrade slow Internet services that have been a drag on one of Asia's fastest-growing economies.


BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to