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SMC plans to break telco duopoly in 2014

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Despite of a few futile attempts by other companies in the past, Ramon Ang of San Miguel Corporation seems unfazed and tells Philippine Daily Inquirer that “there’s still room for a formidable third player” in the local telco industry.

SMC’s current COO adds that such endeavor is already in the company’s pipeline for quite some time already, but has been pushed to the back seat in favor of other acquisition opportunities.

San Miguel

Realme Philippines

Following that statement, SMC has formally issued a letter to the Philippine Stock Exchange (PSE) confirming the company’s plan of launching a mobile telecommunications business in 2014.

Ang clarifies though that their upcoming telco will conduct its business separately from Wi-Tribe which is currently being managed by Liberty Telecoms Holdings, Inc. Instead, Liberty will focus on restructuring the struggling mobile broadband provider in the hopes of bringing “stockholders’ equity from negative to positive.”

{Source, Via}

Avatar for Ronnie Bulaong

This article was written by Ronnie Bulaong, a special features contributor and correspondent for YugaTech. Follow him on Twitter @turonbulaong.

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Acid
Acid
7 years ago

BOUGHT? I doubt. eh personal archenemy ni Ramon Ang si MVP eh. Every industry MVP is going to, Ramon Ang is investing into it and competes with him.

PAL was in talks with MVP before Ramon Ang comes in, GMA was in talk with MVP before Ramon Ang closes the deal. Beltel was supposed to launch in 2012? but was delayed due to the purchase of Sun by MVP. hehe…

Reekee98
Reekee98
8 years ago

Let’s see if they will last for more than 5 years or will just be bought by MVP. Based on my observation Telco company who survive in Philippines has their own backbone or land/sea cable scattered in the Region.

Videos
8 years ago

I do hope it will not be bought out by another competitor.

Mel
Mel
8 years ago

If the government wants true competition in the telco sector, they should mandate full number portability where you can keep your phone number even if you change networks. Many subscribers actually want to switch providers but are unwilling to do so because it would mean losing their current mobile number.

tango
tango
8 years ago

it will be a verizon or telstra partnership… i’m not sure yet… i just heard it from not so reliable source… thanks

ariel
ariel
Reply to  tango
8 years ago

if there will be an infusion of foreign co. in this business here, then its something to look forward to at matakot na ang globe at smart na yan pag hindi hay, pagtatawana lang yan ng 2 higante, worst still baka bibilhin lang yan hahaha…

Ervin
8 years ago

I wish that this will come out as a telco company that can compete in service quality and economy wise. Let’s hope for the best. ^_^

ariel
ariel
8 years ago

baka it will go the way of sun, maganda na sana yung sun noon and they seem to do fine dumami subscribers nila dahil sa mga promo nila and it hurts smart and globe, pero anyari? if i cant control and fight you im gonna buy you…hayun nabili ng smart ang sun hahaha ang ending? nawala ang mga unlicall at unlitext na promo ng sun dati, yeah meron pa naman unli call ngayon ang sun kaso its dictated upon by smart to their advantage hayy !

Smokescreen
Smokescreen
8 years ago

I’m actually skeptical about this. Parang oil companies lang siguro yan. Sila sila rin mag uusap to drive up prices so consumers have no choice but to subscribe to any telco.

roiji
8 years ago

haha i knew Liberty Telecoms would do this… only a matter of time.. ahhahaha
looking forward to a third telco!
sana maganda ang promo nila.. unli call and text to all networks plus free data LOL

reekee98
reekee98
Reply to  roiji
8 years ago

It’s not under Liberty Telecoms, they have separate name they will be using Bell Telecoms

kaghui
kaghui
8 years ago

hahahaha… that will be the day… tingnan naten anong magagawa nila. BS lang yang sinasabi nilang kompetisyon, magkakakontsaba lang ang mga taenang mga malalaking corporasyon sa pinas. may araw rin kayong mga baboy!

wew
wew
8 years ago

sana di sila tulad ng ibang telos na mataas magpresyo hahaha

secret
secret
Reply to  wew
8 years ago

anung telos yang pinagsasabi mo? umayos ka nga. .telcos. .hayzzzzzz

epal?
epal?
Reply to  wew
8 years ago

@secret

Mukhang hindi naman mahirap intindihin ung post nung nasa taas ang obvious na telcos naman ang ibig nyang sabihin. hindi mo kailangan mag-inarte dyan na para kang spelling police.

wew
wew
Reply to  wew
8 years ago

@epal? hayaan mo na nagpapapansin lang yan hahaha nabara ko na kasi yan sa ibang article,aun dinadaan na lng sa mga ganyan taktika XD take note isang civil engineer daw yan si secret ibig sabhin professional-minded,KITA NGA NAMAN hahaha

secret
secret
Reply to  wew
8 years ago

wow ha, ako daw nabara niya eh di mo nga kaya panindidagan mga sinabi mo, palibhasa kasi di mo nagets ung comment ko kaya todo react ka. .at ung professionalism nababasi sa comment? bakit lahat ba ng professional required na magaling bumoka? hay naku, palibhasa mga PAL na tambay sa internet cafe. .

wew
wew
Reply to  wew
8 years ago

bumoka?ganda ng spelling ah XD oo hindi required kase natural na sa isang taong edukado ang magsalita ng maayos dahil “edukado” nga eh….naturuan ng maayos unless naturuan ka lng ng academic subjects nung bata ka at nakalimutan maturuan kahit basic ethics hahahaha tska next time ayusayos din ng structure ng sentence para ung opinion mo sa isip mo eh nagcocorrespond sa comment mo ayaw mo lng aminin na nagkamali ka ng pagkakatype tsktsk

secret
secret
Reply to  wew
8 years ago

wow pati salitang bumoka pinagdiskitahan? pero naintindihan naman niya ibig kong sabihin..hayz. .ayaw ko daw aminin na nagkamali sa pagtype, sino kaya nagkamali sa “ayusayos”. .jejemon. .bago ka tumingin sa pagkakamali ng iba, tumingin ka muna sa sarili mo baka mas maraming mali sayo. .marami ka pang kakaining bigas totoy na mahilig sa titi. .may tamod ka pa sa labi. .edukado ako at alam ko kung sinong mga tao ang dapat kung irespeto at bastusin(gaya mo). .kung di ka lang mayabang, hindi kita pagsasalitaan ng ganito, kaya ngayon pasensiya ka, uhugin. .

wew
wew
Reply to  wew
8 years ago

HAHAHAHA tingintingin din sa salamin aba cnu b unang pumansin ng telos?hahahaha halata nga n edukado ka e pananalita p lng

secret
secret
Reply to  wew
8 years ago

tingintingin talaga? dapat dikit dikit? hilig mo sa malagkit, dami mo na siguro nainom na tamod. .

wew
wew
Reply to  wew
8 years ago

soooorryyyyy pooooo masaya na kayo?HAHAHAHA dumbass

FabBoy
FabBoy
8 years ago

lol nakakatawa banat tungkol sa cap at unlimited data. business yan hindi charity institution. tutal naman nag mamarunong kayo, sana mag kunwari na din kayo na marunong sa economics. lol

evollove
evollove
Reply to  FabBoy
8 years ago

It’s not economics when a similarly-priced plan from the competition delivers better service without the data cap. That’s just being cheap.

BloBO si FabBoy
BloBO si FabBoy
Reply to  FabBoy
8 years ago

Sino naman nagsabi na charity yun. Kaya nga bumabayad ang mga tao para makakuha ng service. Tinitipid nila ang service nila na bumayad naman ang mga tao. Di na makatarungan yun. Ikaw ata ang nagmamarunong diyan tol.

vince
vince
8 years ago

liberty telecom and wi-tribe have a bad reputation. Sila ang nagpa-uso ng cap sa pinas. OK lang dumami ang players sa industry but not if mas pangit ang product nila

good luck nalang at ang reputation ninyo ay hindi ganoon kaganda based on how wi-tribe is doing.

unnamed
unnamed
Reply to  vince
8 years ago

hintayin mu nalang..gusto mu ba ng sample??? hahaha mapapahiya k lng…

vince
vince
Reply to  vince
8 years ago

unnamed, i would love to be proven wrong since more competition is usually better

MasterExploder
MasterExploder
Reply to  vince
8 years ago

I agree. Like what Sun did when it started giving unli promos. The other 2 telcos who were enjoying premiums for their service were forced to follow suit lest they lose subscribers. More competition encourages development which is why the telcos here are content with moving at snails pace when improving their infrastructure. They even start blaming users for merely using the products they paid for, for their poor service. :(

abuzalzal
abuzalzal
8 years ago

LOL

Asa pa kayo

Hangga’t may corruption walang kompetisyon.

Hero Hernandez
8 years ago

Exciting.. soon we might see data more cheaper than voice! Hello VOiPs! Make like google and do fiber faster than smart and globe!

IC DeaDPiPoL
IC DeaDPiPoL
8 years ago

Hope they can provide a stable, unlimited and affordable 3G/LTE connection (hopefully maging dataplan ng bayan)

Vern
Vern
8 years ago

I wonder kung ano mga magiging promo nila. Free beer included with every load? LOL

ian jasper
ian jasper
Reply to  Vern
8 years ago

Pwede!!! wahaha

aguy
aguy
Reply to  Vern
8 years ago

free load under every smc bottle caps!

countrymouse
countrymouse
8 years ago

sounds good, sana nga maging maganda ang kalabasan nito at bababa ang rates sa pinas.

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