^
+ Follow ESCOTEL Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 235961
                    [Title] => MVP assumes active role in First Pacific, sells subsidiary
                    [Summary] => In its first major transaction under chief executive Manuel V. Pangilinan who has taken a more active role in management recently, Hong Kong-based First Pacific Co. (FPC) has sold its 49-percent stake in Escotel, currently the seventh largest mobile telecommunications operator in India, for $15 million (HK$119.9 million), to Idea Cellular, one of India’s major telcos. 

[DatePublished] => 2004-01-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 165413 [Title] => Investors worried over FPC’s strategic direction [Summary] => Investors have raised long-term concerns as to the uncertainty of Hong Kong-based First Pacific Co. Ltd. (FPC)’s strategic direction, following the proposed disposal of two of its largest investments in the region – the Philippine Long Distance Telephone Co. (PLDT) and Bonifacio Land Corp. (BLC).

In an analysis of FPC’s performance, international financial powerhouse Goldman Sachs noted that First Pacific’s strategic direction is highly uncertain and that the market is likely to view the company more as a pure investment holding conglomerate.
[DatePublished] => 2002-06-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
ESCOTEL
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 235961
                    [Title] => MVP assumes active role in First Pacific, sells subsidiary
                    [Summary] => In its first major transaction under chief executive Manuel V. Pangilinan who has taken a more active role in management recently, Hong Kong-based First Pacific Co. (FPC) has sold its 49-percent stake in Escotel, currently the seventh largest mobile telecommunications operator in India, for $15 million (HK$119.9 million), to Idea Cellular, one of India’s major telcos. 

[DatePublished] => 2004-01-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 165413 [Title] => Investors worried over FPC’s strategic direction [Summary] => Investors have raised long-term concerns as to the uncertainty of Hong Kong-based First Pacific Co. Ltd. (FPC)’s strategic direction, following the proposed disposal of two of its largest investments in the region – the Philippine Long Distance Telephone Co. (PLDT) and Bonifacio Land Corp. (BLC).

In an analysis of FPC’s performance, international financial powerhouse Goldman Sachs noted that First Pacific’s strategic direction is highly uncertain and that the market is likely to view the company more as a pure investment holding conglomerate.
[DatePublished] => 2002-06-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
Are you sure you want to log out?
X
Login

Philstar.com is one of the most vibrant, opinionated, discerning communities of readers on cyberspace. With your meaningful insights, help shape the stories that can shape the country. Sign up now!

Get Updated:

Signup for the News Round now

FORGOT PASSWORD?
SIGN IN
or sign in with