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                    [Title] => PLDT to invest P4.5 B in new unit
                    [Summary] => The Philippine Long Distance Telephone Co.(PLDT) is set to invest around P4.5 billion ($100 million) in a new subsidiary that will provide the country’s first direct-to-home satellite broadcast, hopefully this year.


PLDT president and chief executive officer Manuel V. Pangilinan told The STAR that the venture will be under Mediaco, a new company that will be put up by PLDT to house all its media-related investments, which include Home Cable, Nation Broadcasting Corp. (NBC), GMA 7, Dish Network which is the direct-to-home venture.


                    [DatePublished] => 2001-03-10 00:00:00
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MEDIACO

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                    [ArticleID] => 96369
                    [Title] => PLDT to invest P4.5 B in new unit
                    [Summary] => The Philippine Long Distance Telephone Co.(PLDT) is set to invest around P4.5 billion ($100 million) in a new subsidiary that will provide the country’s first direct-to-home satellite broadcast, hopefully this year.


PLDT president and chief executive officer Manuel V. Pangilinan told The STAR that the venture will be under Mediaco, a new company that will be put up by PLDT to house all its media-related investments, which include Home Cable, Nation Broadcasting Corp. (NBC), GMA 7, Dish Network which is the direct-to-home venture.


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abtest

PLDT to invest P4.5 B in new unit

March 10, 2001 - 12:00am

The Philippine Long Distance Telephone Co.(PLDT) is set to invest around P4.5 billion ($100 million) in a new subsidiary that will provide the country’s first direct-to-home satellite broadcast, hopefully this...

Business