Saturday 22 September 2018
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2 months ago

TBGI throws hat in ring for 3rd telco slot

Publicly traded Transpacific Broadband Group International Inc. (TBGI) announced on Thursday it would join the race to become the country s third major telco player. This was among a series of plans approved by its board of directors. Other initiatives included selling up to 40 percent for foreign investors in a private share sale, setting up a common tower company and tapping Chinese technology and telco partners, a disclosure to the Philippine Stock Exchange showed. TBGI holds a valuable telco franchise

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