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Philippine Long Distance Telephone Co. (PLDT), the country’s largest telecommunications company, will acquire Philippine Global Communications (Philcom) through a debt-to-equity swap.
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                    [AuthorName] => Zinnia B. Dela Peña
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EASTERN TELECOMMUNICATION PHILIPPINES INC

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abtest

PLDT to acquire Philcom via debt-to-equity swap

By Zinnia B. Dela Peña | January 8, 2009 - 12:00am

Philippine Long Distance Telephone Co. (PLDT), the country’s largest telecommunications company, will acquire Philippine Global Communications (Philcom) through a debt-to-equity swap.

Business