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                    [Title] => ETPI majority owners’ bid to acquire Smart’s stake faces rough sailing
                    [Summary] => 


An attempt by the controlling shareholders of Eastern Telecommunications Phils. Inc. (ETPI) to acquire the 9.8 percent stake of Smart Communications in the former is facing rough sailing, highly placed sources told The STAR.


It was learned that Smart wants ISM Communications, a publicly listed company controlled by former Trade Minister Roberto Ongpin which now owns 57.7 percent of ETPI, to acquire Smart’s stake in ETPI at the price which the Philippine Long Distance Telephone Co. (PLDT) wholly owned mobile subsidiary acquired it many years back.


                    [DatePublished] => 2007-01-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [SectionName] => Business
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CABLE AND WIRELESS PLC

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                    [ArticleID] => 380377
                    [Title] => ETPI majority owners’ bid to acquire Smart’s stake faces rough sailing
                    [Summary] => 


An attempt by the controlling shareholders of Eastern Telecommunications Phils. Inc. (ETPI) to acquire the 9.8 percent stake of Smart Communications in the former is facing rough sailing, highly placed sources told The STAR.


It was learned that Smart wants ISM Communications, a publicly listed company controlled by former Trade Minister Roberto Ongpin which now owns 57.7 percent of ETPI, to acquire Smart’s stake in ETPI at the price which the Philippine Long Distance Telephone Co. (PLDT) wholly owned mobile subsidiary acquired it many years back.


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                    [ColumnID] => 133272
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                    [AuthorName] => 
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abtest

ETPI majority owners’ bid to acquire Smart’s stake faces rough sailing

January 17, 2007 - 12:00am

An attempt by the controlling shareholders of Eastern Telecommunications Phils. Inc. (ETPI) to acquire the 9.8 percent stake of Smart Communications in the former is facing rough sailing, highly placed sources...

Business