Tag: NTC

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PLDT moves to address NTC order against Smart

PLDT Inc. said its wireless subsidiary, Smart Communications Inc., is reviewing a National Telecommunications Commission order requiring corrective measures for mobile broadband performance issues in parts of Manila, Parañaque, and Pasig.

NTC widens mobile service crackdown nationwide

The National Telecommunications Commission (NTC) is expanding its crackdown on poor mobile broadband service nationwide, putting greater pressure on network operators to address coverage and performance gaps as the regulator prepares additional show-cause orders and daily penalties.

NOW to appeal SEC ruling, fines

NOW Corp., a listed company with interests spanning telecommunications, media, and technology, said it will elevate its case to the Court of Appeals after the Securities and Exchange Commission En Banc upheld a finding that the firm disclosed misleading information to the public.

NOW to challenge NTC denial of provisional authority extension

NOW Corp. said Thursday it “vehemently disagrees” with the decision of the National Telecommunications Commission (NTC) to deny its application for an extension of its provisional authority to develop and operate a nationwide cellular mobile telephone system.

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OceanaGold Q3 profit rises 5% to $28.3M

OceanaGold (Philippines) Inc. grew its third-quarter net income by 5 percent to USD28.3 million as higher gold prices, improved by-product credits, and lower sustaining capital expenditures boosted margins and generated USD51.4 million in free cash flow at its Didipio gold-copper mine.

Maynilad 9-month profit rises 10% to P12.6B

Maynilad Water Services Inc. increased its net income by 10 percent to P12.6 billion in the first nine months of 2026, as higher billed water volume, improved network efficiency, and lower financing costs supported earnings despite elevated operating costs and inflationary pressures.

PEZA eyes 200 ecozones to draw investments to Luzon corridor

The Philippine Economic Zone Authority (PEZA) is tapping 200 economic zones along the Luzon Economic Corridor to attract manufacturing and technology investments, as the government seeks to strengthen the country’s position in regional supply chains and turn the Subic-Clark-Manila-Batangas route into a more integrated industrial hub.

China Bank Jan-Sep profit climbs 12% to P22.6B

China Banking Corp. (China Bank) grew its nine-month net income by 12 percent to P22.6 billion in 2026, as stronger lending activity and wider interest margins boosted core banking revenues while asset quality remained stable.

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