Monday, January 15, 2018

GLO, PTT, Banks, ACR

1. Ayala led Globe Telecome (GLO) brought back the unlimited broadband plans with a little higher rate.

Notes: Yeah..it should be. why they put cap even for the fixed line internet. Seeing the news recently, GLO is still trying hard to attract customers using various products. Why I cannot see TEL's marketing news..they still looks like focused in investment for better quality thinking customers will eventually choose them.

2. Philippne Telegraph & Telephone Corp. (PTT)
It is in advance stage of negotiation with Korean telco LG Uplus.

Notes: It looks like the 3rd telco player will come whoever it is. NILK's Zamora led PTT wants expand its broadband service and launch cellphone operation. still let side door open for China Telecom...eventhgouh China Tel choose another company...PTT may push for it..

Notes: Will it be really a big threat to TEL and GLO. there will be more broadband service providers...TEL, GLO, PTT, NOW, TBGI, ECP, PTT and Sky of ABS. Besides, there might be more small regional providers especially in fixed like service. cellphone is not that easy for small companies, i think. the new player will fight for Manila share...at the beginning. Where is their backbone? NPC's backbone for power grid would be the only solution...maybe.
They will dig all the Manila land again to install their own backbone? Hmmm.

Notes: Will it be a chicken game? It will be a difficult game especially for the 3rd player in terms of profit...how long will it take..3rd player will encounter the same problem...permit and right of way (ROW) for cell sites.

3. Pawnshops and mobile money outlets have wider coverage areas in the Philippines, according to the Bangko Sentral ng Pilipinas (BSP). There are over 61,000 outlets of non-bank companies providing financial services in the Philippines, eclipsing the 11,343 branches and offices run by banks.

Notes: mobile money means e-money agents which converts remittance to cash...with those, 10% of cities and towns are unbanked area..without those, it 34.9%. looks like banks has more potential in terms of retail...once people start having excess money...they will look for a bank but for now...it might take time. Big banks may need aggressive merge of rural, thrift bank...to grow more.

4. Alsons Power Holdings Corp. will further expand its presence in Indonesia.

Notes: Alsons Development and Investment Corp, the ultimate parent, holds 100% of Alsons Power Holding Corp., 10.08% of ACR, 27.9% of Alsons Corp. which again holds 68.63% of ACR.
Alsons Power Holding Corp also hold 10.06% of ACR.

Notes: ACR has no share in Alsons Power Holdings Corp. which already owns 60 MW diesel peaking plant in Indonesia.

Notes: MPI acquired 50% of Alsons Thermal Energy Corp. (ATEC), ACR's baseload coal-fired power plant holding company. ATEC owns 75% of 210 MW Sarangani plant.



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