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PLDT Acquires Cotabato Telco

08 Jun

PLDT (TEL) has bought a telecommunications carrier in Cotabato province, as it gears up to corner a 75% market share in Mindanao’s fixed-line businesses.

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The purchase of Metro Kidapawan Telephone Corp. (Metro Phone) was coursed through PLDT’s wholly owned subsidiary PLDT-Philcom, Inc., said to be the biggest local exchange carrier in Mindanao.

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Posted by on June 8, 2015 in Corporate News, Stock Market, TEL

 

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