Vega Telecom Inc. is a Filipino telecommunications company. It was established as a holding company of San Miguel Corporation for its various telecommunications investments. In separate statements on May 30, 2016, Globe Telecom and PLDT each acquired half of Vega Telecom from San Miguel Corporation for P69.1 billion. The acquisition entailed P52.08 billion for 100% equity interest in Vega Telecom and the assumption of around P17.02 billion of liabilities.[1] [2]
Company type | Subsidiary |
---|---|
Industry | Telecommunications |
Area served | Philippines |
Services | Fixed-Line Telephony Wireless Telephony Broadband Internet |
Parent | PLDT (50%) Globe Telecom (50%) |
Subsidiaries | Bell Tel Eastern Communications Liberty Telecoms Express Telecom Hi-Frequency Telecommunications, Inc. |
Subsidiaries
- Bell Telecommunications Philippines, Inc.
- Eastern Telecommunications Philippines, Inc.
- Liberty Telecommunications Holdings, Inc. (PSE: LIB)
- Express Telecommunication Company, Inc.
- Hi-Frequency Telecommunications, Inc.