Telstra to enter Phiilippines market, to compete with Globe and PLDT.

**BratPAQ** · October 29th, 2015 08:25 PM

https://www.techinasia.com/telstra-s...lousy-service/
Telstra to spend $1B for Philippines telco venture, slams incumbents over ‘lousy service’

Australian telco Telstra will spend up to US$1 billion for a planned wireless joint venture with San Miguel Corporation in the Philippines, the company’s chief Andy Penn told investors today.

That’s just Telstra’s share in the JV. Partner San Miguel, a conglomerate with diversified interests in the Philippines, will also put money in the business, along with some banks that will provide financing.

“We are not expecting it to be more than US$1 billion. That would be essentially Telstra’s equity investment. We could own 40 percent of the venture, which would also have external financing as well,” Andy was quoted as saying by The Australian.

Telstra and San Miguel haven’t reached a deal yet, but talks are ongoing.

If it pushes through, the pair is expected to shake up the duopoly of telcos PLDT and Globe Telecom in the archipelago.

“Frankly, let’s face it, go to the Philippines and experience the lousy service you get from the incumbent operators and you will see that [there’s] opportunity for a new operator to provide a much better quality service … I think there’s a significant opportunity,” Andy was quoted as saying.

San Miguel has been rolling out its mobile telecommunications network in the Philippines, through unit Bell Telecommunications.

The conglomerate had wanted to enter the mobile business for years, but this was delayed because of other acquisition opportunities, its president Ramon Ang previously said.

Over the past years, San Miguel has aggressively moved away from its traditional food and beer businesses and into heavy industries such as infrastructure, power, oil refining, and telecommunications.

For Telstra’s part, it won’t be its first time to break into Asia. It acquired Singapore- and Hong Kong-based internet services company Packet for US$697 million early this year. That deal was part of a A$5 billion (US$3.56 billion) budget it allotted for Asian ventures.

will telstra shake-up globe and PLDT from their lousy service? theres an on going rumor that it would be 50mbps some says 100mbps, for P2,000 and without data cap. but i cant find any supporting document on that rumor.

**dreamur** · October 29th, 2015 08:30 PM

This is good news but I hope SMC executes better this time. They failed in thei wii tribe attempt.

**chronicle** · October 29th, 2015 08:43 PM

Telstra is like the pldt of australia. In australia, they have their infra in place. But here, they will just reuse the infra of eastern telecoms. Granted that pacnet is also on board, they might build a dedicated international link fpr them to utilize.

In australia, optus was overtaken as number 2. Parent company is singtel, which, is the same with globe. So im doubting globe will improve.

Pldt on the other hand just need to increase their international capacity and they are all good.

Either way, wake up call ito sa both local providers.

**ano727** · October 29th, 2015 09:25 PM

Perhaps a bit too premature...

I'll wait and see if it really happens.

SMC Telco is on the block for a loooong long time now.

**ano727** · October 29th, 2015 09:25 PM

Perhaps a bit too premature...

I'll wait and see if it really happens.

SMC Telco is on the block for a loooong long time now.

**Monseratto** · October 29th, 2015 10:15 PM

Australian telco Telstra to invest USD$1 billion in PH venture
By Coconuts Manila October 29, 2015 / 20:10 PHT

It's about time somebody else came along to shake things up.

"Australian telco Telstra will spend up to USD$1 billion for a planned wireless joint venture with San Miguel Corporation in the Philippines, the company’s chief Andy Penn told investors," reports Judith Balea for Tech in Asia.

The USD$1 billion is "just Telstra’s share" in the joint venture. Penn explained: "We are not expecting it to be more than US$1 billion. That would be essentially Telstra’s equity investment. We could own 40 percent of the venture, which would also have external financing as well."

While Telstra and San Miguel haven’t reached a deal yet, talks are said to be "ongoing."

Penn also slammed the current service providers in the Philippines, saying, “Frankly, let’s face it, go to the Philippines and experience the lousy service you get from the incumbent operators and you will see that [there’s] opportunity for a new operator to provide a much better quality service … I think there’s a significant opportunity."

Australian telco Telstra to invest USD$1 billion in PH venture | Coconuts Manila

**Monseratto** · October 29th, 2015 10:15 PM

+++++++++++++++++++++++

**BratPAQ** · October 30th, 2015 12:53 AM

speaking of lousy service, I'm tired of turning airplane mode on and off to reset my connection and "Jumpstart" my mobile Internet. I'll quickly move to this new service if I don't have to do that with them.

**psych_114** · October 30th, 2015 07:53 AM

Sana nga no data cap because its non sense to pay 999 for 5gb worth of data. 3 movie lang un... napakalungkot.

**shadow** · October 30th, 2015 08:00 AM

Originally Posted by dreamur

This is good news but I hope SMC executes better this time. They failed in thei wii tribe attempt.

I think sa wire tribe they're not fully involved, they let their middle eastern partner ran the show.

Sa mga tapos na contract sa smart and globe. Huwah muna kayo avail ng retention, baka mabulag kayo sa iPhone 6s/6s+. Intayin niyo na muna Ito next year.

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