San Miguel acquired Belltel

Discussion in 'BellTel DSL' started by duhwho, Oct 20, 2010.


  1. duhwho

    duhwho staff Staff Member




    Ok its a done deal now.. medyo late nga lang itong news

    But it seems San Miguel is bullish to enter the Mobile Services as well with the acquisition of Belltel.

    Hmm do we have a competitive competitor? or a lame competitor? (with their Wi-Tribe example hehehe)

    http://business.inquirer.net/money/tops ... es-BellTel

    San Miguel acquires BellTel
    Buys 75% of Puyat, Ortigas holding firms

    By Doris Dumlao
    Philippine Daily Inquirer
    First Posted 22:28:00 08/16/2010

    Filed Under: business, Leveraged Buyouts, Mergers - Acquisitions - Takeovers
    SAN MIGUEL Corp. has acquired a second telecommunication platform, Bell Telecommunication Philippines Inc., to beef up its entry into the highly competitive wireless voice, data and video connectivity business.

    In a disclosure to the Philippine Stock Exchange yesterday, San Miguel said it has subscribed to shares of stock equivalent to 75 percent of three companies that collectively own 100 percent of BellTel.

    BellTel was owned by the Puyat-Reyes and Ortigas families through the three companies: Two Cassandra-CCI Conglomerates Inc., Perchpoint Holdings Corp. and Power Smart Capital Ltd., all of which agreed to sell a controlling stake to San Miguel’s wholly owned subsidiary Vega Telecom Inc.

    San Miguel and its foreign partner, Qatar Telecoms (Q-Tel), already own a controlling stake in Liberty Telecommunication Holdings Inc. and is also finalizing the acquisition of Express Telecommunications Co.

    Inquirer sources said San Miguel wanted BellTel because it had a 10-megahertz GSM (Global System for Mobile Communications) frequency contiguous to that of Extelcom’s. On the other hand, Liberty has broadband wireless access but has no GSM capability.

    Under the plan, San Miguel and Q-Tel will create and jointly manage a new holding company for all three telecom interests.

    BellTel, which began commercial operations in 2002, offers an integrated package of services, including local and long distance telephony, high speed data connectivity, Internet, cable TV, and videoconferencing. It has various licenses that include local exchange carrier (LEC), international gateway facility (IGF), inter-exchange carrier (IXC), very small aperture terminal (VSAT), and Internet service provider (ISP). It also operates a domestic C-band satellite hub providing connectivity for customers in remote sites not yet covered by its wireless networks. It is authorized to provide the full range of services throughout the Philippines.

    Despite a relatively mature telecom market in the Philippines, the San Miguel-Q-Tel group is seen escalating competition in both voice and broadband/high-speed Internet connectivity businesses.
     
  2. genexide

    genexide Member




    tagal na 'to pinaguusapan e. intern ako jan ngayon sa belltel eh. ha ha :)
     
  3. duhwho

    duhwho staff Staff Member




    oo late nga news ko august pa hahahaha

    nag post lang ako.. dahil walang post eh
     



  4. Wi Tribe is Dogshit.
     
  5. major_labo

    major_labo Member




    any ideas kung mag 3G pa cla?
    alam ko 4G ata cla ...
     
  6. duhwho

    duhwho staff Staff Member




    with acquisition of Belltel they will enter the 3G/GSM Mobile Market ...

    http://www.philstar.com/Article.aspx?ar ... egoryId=66

    San Miguel Corp to enter telecom business
    By Mary Ann LL. Reyes (The Philippine Star) Updated October 20, 2010 12:00 AM Comments (0)

    MANILA, Philippines - San Miguel Corp. (SMC) is planning to enter the highly competitive cellular mobile telephone service (CMTS) industry via its newly acquired Bell Telecommunication Philippines Inc. (BellTel).

    SMC president Ramon Ang told The STAR that “we will be happy to be the fourth player in the cellular market in the future.”

    SMC just last August subscribed to shares of stock equivalent to 75 percent of three companies that collectively own 100 percent of BellTel.

    BellTel was owned by the Puyat-Reyes and Ortigas families through the three companies: Two Cassandra-CCI Conglomerates Inc., Perchpoint Holdings Corp. and Power Smart Capital Ltd., all of which agreed to sell a controlling stake to SMC’s wholly owned subsidiary Vega Telecom Inc.

    SMC and its foreign partner, Qatar Telecom (Q-Tel), already own a controlling stake in Liberty Telecommunication Holdings Inc. and is also reportedly finalizing the acquisition of Express Telecommunications Co. (Extelcom), a company controlled by businessman and former trade minister Roberto Ongpin. There are also ongoing talks between Ongpin and the SMC group to acquire the former’s Eastern Telecommunications Phils. Inc. (ETPI).

    Observers note that SMC wants BellTel because it had a 10-megahertz GSM (Global System for Mobile Communications) frequency contiguous to that of Extelcom’s. On the other hand, Liberty has broadband wireless access but has no GSM capability.

    Under the plan, San Miguel and Q-Tel will create and jointly manage a new holding company for all three telecom interests.

    BellTel, which began commercial operations in 2002, offers an integrated package of services, including local and long distance telephony, high speed data connectivity, Internet, cable TV, and videoconferencing. It has various licenses that include local exchange carrier (LEC), international gateway facility (IGF), inter-exchange carrier (IXC), very small aperture terminal (VSAT), and Internet service provider (ISP). It also operates a domestic C-band satellite hub providing connectivity for customers in remote sites not yet covered by its wireless networks. It is authorized to provide the full range of services throughout the Philippines.

    The CMTS market in the Philippines is currently composed of three players, namely Smart Communications, which also owns Connectivity Unlimited Resources Enterprise (CURE); Globe Telecom, and the Gokongwei-owned Digital Telecommunications Phils. Inc. (Digitel).

    While industry observers believe that the market is already saturated, Ang said he believes there is still room for a fourth player.

    Ang earlier told The STAR that SMC wants to position itself as a very strong player in the local telecommunications industry in a bid to further improve telco services in the country and bring down rates to more affordable levels.

    At present, SMC has a 32.7 percent stake in Liberty Telecom Holdings via Vega Telecom. It has also signed a memorandum of agreement with Qatar Telecom, which also holds shares in Liberty, to explore areas on wireless broadband and mobile communications projects. He said they have an option to go up to 49 percent.

    In the case of Extelcom, the negotiations with Trans Digital Excel Inc. (TDE), the majority shareholder of Extelcom and owned by Ongpin for the acquisition by SMC of TDE’s stake has cleared a major hurdle after the Supreme Court denied a petition filed by Bayan Telecommunications that questioned the dilution of the latter’s stake in Extelcom and the resulting increase in TDE’s shareholdings.

    Ang said that they are interested in buying Extelcom because of the frequencies that it owns.

    SMC’s acquisition of a stake in Liberty allowed it to go into wireless broadband. Ang also expressed particular interest in voice over the Internet (VoIP) applications, although he admitted that they remain to be very interested in going into mobile cellular telephone services. “If given the opportunity to go into cellular, we will,” he said.

    He explained that there is room for a significant fourth player in the telecommunications industry and the CMTS business, as well as for improved telecommunications services and rate.

    The SMC top executive head said while the world telecommunications industry is generating an average gross profit of 28 percent, the top two CMTS operators here are making as much as 65 percent. “They are making a killing because there is no real competition,” he stressed.

    He added that while regionally, the interconnection rates are low at 20 cents, here, it is as high as P6 per minute.

    Ang also noted that even with the presence of a third player in the mobile telephony industry, while this has helped bring down rates and improve services of the two others, there is still no real competition. “As a fourth player, we aim to improve service and rates for the benefit of the Filipino people,” he emphasized.
     
  7. duhwho

    duhwho staff Staff Member




    :D , Wi Tribe ka ba? naka lock ka for 24months of BS hehehe?
     
  8. genexide

    genexide Member




    tried wi-tribe. super taas ng latency.
     



  9. my cousin sir, she also was not told about the download "quota". when she reached her quota, DL speed of 1 mbps became 200 kbps.
     
  10. duhwho

    duhwho staff Staff Member




    @riveratti

    well good for you, you're still not with WI Tribe except for your cousin...

    yung nga their download limit is too low for 1mbps.. they should have it 12GB, its enough for normal usage.. so yung mga heavy user will suffer.. if they go 12GB...

    :)
     



  11. why have the quota ? pldt,smart,globe doesnt have that kind of "condition"..
     
  12. duhwho

    duhwho staff Staff Member




    well we don't know yet if they really don't have limit set.. but some say globe has quota... but its quite high as compared to WI TRIBE...like i think 20-30GB... as against tiny winie 6GB...
     



  13. thats scary.. but so far ive DL'd maybe more than 30 - 40 gs of movies sa torrents, so far di naman nag drop DL speed... am on [email protected] btw..
     
  14. duhwho

    duhwho staff Staff Member




    good for you.. just inform use in case you reach 45GB and still fast hehehe
     
  15. pcruztemp

    pcruztemp Member




    they never really admitted it AFAIK

    possible reasons
    1. force of habit. thats the way wi-tribe does it in the middle east and they foolishly tried to do it the same way here where the customs are different
    2. they cant afford the bandwidth
     



  16. Hi, I'm trying wi-tribe since October 30, looks good in our location here in tondo manila... Full ang signal, then oks naman ung speed nya, un nga lng bothered pa rin ako sa bandwidth cap.. parang dko mama-maximize ung pag d-download.. hehe. anyway, so far so good.. ewan ko lng kung tatagal to ng ganito ang performance... BTW, anu ba ideal latency, ung sakin kc nasa 65-70 latency.. mga 0.81 MPBS download at mga 0.20 upload. oks ba un? I post ko maya ung link from speedtest, nasa office na kc ako e...
     
  17. duhwho

    duhwho staff Staff Member




    ok naman yung latency mo since its wimax

    yung .81Mbps well since 1mbps naman sila at they always say na hindi 100% then oks na rin.. as long as hindi sya half..

    try mo mag download via download manager kung makukuha mo 100KB/sec oks na rin yun
     



  18. ahh, ok buti namain oks ung ganun, sana lng tumagal to, baka kc pagmatagal kanang user, biglang babagal...

    ANyway nagtry na ko magdownload nung mga nagdaang araw, umaabot ng mga 112KB/sec, pero minsan mga 60-80KB/sec, sa torrent mdyo mabagal sya pag offpeak, pero pag 1AM till mga 9AM, oks naman torrent.
     
  19. duhwho

    duhwho staff Staff Member




    ok naman.. yung nga lang gaya ng sabi mo.. baka for new customer lang.. after awhile naku nandun na issue hehehe

    sana wag naman...
     
                                 

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