San Miguel Telecoms, anyone?
The news the other day is a little welcome surprise — San Miguel Corp. is entering the broadband internet and mobile telecoms market.
According to reports from AFP, San Miguel will be doing joint venture with Qatar Telecom in introducing internet and mobile services in the country.
It’s not known yet how much controlling share San Miguel has in this venture or what the name of the new brand will be. We’ll probably know by 2009. I reckon San Miguel could easily become a major player since it’s a huge conglomerate and already has a good hold of the local market in the Philippines with visible brands in food, beverages, liquor and dairy products.
It’s a welcome news as we all get more competing services in the mobile and broadband market.