This includes New Century, eTelco, Vega Telecom, Bow Arken Holdings, Brightshare Holdings. Vega Telecom owns Liberty Telecom Holdings, Bell Telecommunication, Eastern Telecom (ETPI), Express Telecom, Cobaltpoint Telecommunication (formerly Extelcom), and Tori Spectrum Telecommunication (formerly Wi-Tribe) and Hi-Frequency Telecommunication. Eastern Telecoms has about 400 employees and another 400 or so from the other subsidiaries are affected by the sale. Australian-based telecommunications company, Telstra Corporation Limited, recently confirmed that they are currently in joint-venture talks with San Miguel Corporation (SMC) for a possible investment on the conglomerate’s wireless business. SMC’s President and Chief Operation Officer, Ramon Ang, also confirmed the on-going negotiation with Australia’s largest telecommunication company through a text message to Reuters. A win-win deal for both companies In an interview conducted by Sydney Morning Herald with Sachin Gupta, Regional Head of Telecommunications Research at Nomura, Gupta said that both companies will benefit from this joint venture. “Telstra does lack emerging-market experience”, but has a wealth of experience in the telecommunications segment. Globe has also formed partnerships with additional international telecom providers, such as Hi3G in Denmark, SFR in France, Windtre in Italy, T-Mobile in the Netherlands, Slovak Telekom in Slovakia, Salt in Switzerland, and MEO in Portugal. Read more in our articles including "Globe, PLDT acquisition of SMC: Questions answered!" and "Telstra in Talks with San Miguel Corporation".
