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LCS Group
LCS Group of Companies, also known as LCS Holdings Inc., is a Philippine conglomerate. The LCS Group is founded by Filipino politician Luis Crisologo Singson who serves as its chairman. Ventures Aviation The LCS Group operates a charter airline known as Platinum Skies, which was incorporated in 2013. Energy and mining Satrap Mining Corporation is a subsidiary under the LCS Group founded in 2014. It operates and manages renewable energy power plants mostly in Ilocos Sur. It also has a partnership with Philippine National Oil Company (PNOC) regarding the exploration of use of renewable energy for off-grid areas. Satrap Mining Corporation is a subsidiary under the LCS Group engaged in mining. It was established in 2014. Finance Through HalloHallo Skylark Lending, Corp., the LCS Group runs a loaning service known as Casha. Telecommunications The LCS Group through Gracia Telecoms provides telecommunications services in Mindanao. In 2018, the LCS Group expressed interest to parti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Holding Company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies to form a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. ''The New York Times'' also refers to the term as ''parent holding company.'' Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes to Lawsuit, litigation. In the United States, 80% of stock, in voting and value, must be owned before tax consolidation benefits s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2018 Philippine Third Telecommunications Provider Bidding
A bidding was held in November 2018 to determine the prospective third major telecommunications service provider in the Philippines which is meant by the Philippine government to compete with the existing duopoly of PLDT, Inc.–Smart Communications and Globe Telecom. The winning firm or consortium was granted a certificate of public convenience and necessity and six radio frequency bands by the Philippine government which would help establish a third major player in the Philippine telecommunications industry. The Mislatel consortium led by Udenna Corporation and China Telecom was named the provisional winner of the bid on November 7, 2018. Background The Philippines' telecommunication industry is dominated by the duopoly of PLDT, Inc.–Smart Communications and Globe Telecom. The situation has been cited by critics of the duopoly as the reason for the country's poor internet infrastructure and the country has consistently ranked at the bottom-tier among countries in terms of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Miss Universe Organization
Miss Universe is an annual international beauty pageant that is run by a United States and Thailand based Miss Universe Organization.Natalie Tadena (July 2, 2015"Donald Trump's Miss USA Pageant Lands on Reelz Cable Channel". ''The Wall Street Journal''. It is one of the most watched pageants in the world with an estimated audience of over 500 million viewers in over 190 territories. Along with Miss World, Miss International, and Miss Earth, Miss Universe is one of the Big Four international beauty pageants. The Miss Universe Organization is currently owned by JKN Global Group. Telemundo has the licensing rights to air the pageant through 2023. The pageant's advocacy is "humanitarian issues and is a voice to affect positive change in the world." The current Miss Universe is Harnaaz Sandhu of India who was crowned on December 13, 2021 in Eilat, Israel. History The title "Miss Universe" was first used by the International Pageant of Pulchritude in 1926. This contest w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2016 Miss Universe
Miss Universe 2016 was the 65th Miss Universe pageant, held at the Mall of Asia Arena, in Pasay, Metro Manila, Philippines on January 30, 2017. This is the second time in the history of the competition that the pageant skipped an entire year, following the 2014 pageant which was held in January 2015. At the end of the event, Pia Wurtzbach of the Philippines crowned Iris Mittenaere of France as Miss Universe 2016. This is France's first victory in 63 years, and the second victory of the country in the pageant's history. Contestants from 86 countries and territories competed in this year's pageant. The competition featured Steve Harvey as host, and supermodel Ashley Graham as the backstage host. American entertainers Flo Rida and Boyz II Men performed in this year's pageant. Background Location and date The Miss Universe Organization was in talks to host the Miss Universe 2016 competition in the Philippines. Discussions began when Miss Universe 2015 Pia Wurtzbach met with the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dito Telecommunity
Dito Telecommunity Corporation (stylized as DITO), formerly known as Mindanao Islamic Telephone Company, Inc. or Mislatel is a telecommunications company in the Philippines which is also engaged in the business of multimedia and information technology. It is a consortium of Davao businessman Dennis Uy's Udenna Corporation (through its subsidiary Dito CME Holdings Corporation), and Chinese state-owned China Telecommunications Corporation, a parent company of China Telecom. The consortium is known as the sole winner of the government-sanctioned bidding that would allow the consortium to become the third major telecommunications provider in the Philippines challenging the duopoly of PLDT and Globe Telecom. Dito CME Holdings Corporation (a publicly listed firm also owned by Uy), meanwhile, has an "indirect ownership" in the telco. Dito Telecommunity began its commercial operations on March 8, 2021. As of August 2022, Dito's total mobile subscriber base reached 12 million. Dito ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Satellite Internet Access
Satellite Internet access is Internet access provided through communication satellites. Modern consumer grade satellite Internet service is typically provided to individual users through geostationary satellites that can offer relatively high data speeds, with newer satellites using to achieve downstream data speeds up to 506 Mbit/s. In addition, new satellite internet constellations are being developed in low-earth orbit to enable low-latency internet access from space. History Following the launch of the first satellite, Sputnik 1, by the Soviet Union in October 1957, the US successfully launched the Explorer 1 satellite in 1958. The first commercial communications satellite was Telstar 1, built by Bell Labs and launched in July 1962. The idea of a geosynchronous satellite—one that could orbit the Earth above the equator and remain fixed by following the Earth's rotation—was first proposed by Herman Potočnik in 1928 and popularised by the science fiction author Art ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PLDT Inc
PLDT, Inc., formerly known as the Philippine Long Distance Telephone Company ( fil, Kompanya ng Teleponong Pangmalayuan ng Pilipinas), is a Philippine telecommunications, internet and digital service holdings company. It is one of the country's major telecommunications providers, along with Globe Telecom and startup Dito Telecommunity. Founded in 1928, it is the oldest and largest telecommunications company in the Philippines, in terms of assets and revenues. The company's core businesses are telephone, fixed-line telecommunications, mobile telephony services, broadband, and internet of things services under various brands. It also has investments in broadcasting, print media, utilities, and direct-to-home satellite services, among others. As of 2019, PLDT is listed in the Philippine Stock Exchange and New York Stock Exchange (the only Philippine company to be listed in NYSE) and is being controlled by First Pacific, a Hong Kong-based investment management company; Nippon Telegr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Smart Communications
Smart Communications Inc., commonly referred to as Smart (and officially stylized/ self-styled as SMART), is a wholly owned wireless communications and digital services subsidiary of PLDT Inc., a telecommunications and digital services provider based in the Philippines. The company has 73 million mobile subscribers as of 2020, under the brands Smart, Sun, and TNT. Smart's wireless broadband subscribers number 3.8 million under the brands Smart Bro and Sun Wireless Broadband. Smart offers commercial wireless services through its 2G, 3G, 3.5G HSPA+, 4G LTE, and LTE-A networks, with 5G currently being deployed in multiple locations in the Philippines. Smart's terrestrial wireless telephony service is being complemented by its satellite communication services Smart Sat and Marino which also serve the global maritime industry. The company has introduced wireless offerings such as Smart Money, a mobile electronic wallet that also enables its SMS-based money remittance servic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Globe Telecom
Globe Telecom, Inc., commonly shortened as Globe, is a major provider of telecommunications services in the Philippines. The company operates the largest mobile network in the Philippines and one of the largest fixed-line and broadband networks. As of March 2022, Globe's total mobile subscriber base reached 87.4 million. It is also the country's largest telecommunications company in terms of market capitalization. The company's principal shareholders are Ayala Corporation and Singtel. It is listed on the Philippine Stock Exchange under the ticker symbol GLO and had a market capitalization of ₱363 billion as of the end of August 2021. Globe offers commercial wireless services through its 2G, 3G, 3.5G HSPA+, 4G LTE, and LTE-A networks, with 5G currently being deployed in key areas in the Philippines. It5G coverageis available in over 2,000 locations all over the country and about 96% of the National Capital Region. In 2016, Globe introduced its ''Globe Lifestyle'' bran ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Off-the-grid Energy
Off-the-grid or off-grid is a characteristic of buildings and a lifestyle designed in an independent manner without reliance on one or more public utilities. The term "off-the-grid" traditionally refers to not being connected to the electrical grid, but can also include other utilities like water, gas, and sewer systems, and can scale from residential homes to small communities. Off-the-grid living allows for buildings and people to be self-sufficient, which is advantageous in isolated locations where normal utilities cannot reach and is attractive to those who want to reduce environmental impact and cost of living. Generally, an off-grid building must be able to supply energy and potable water for itself, as well as manage food, waste and wastewater. Energy Energy for electrical power and heating can be generated on-site with renewable energy sources such as solar (particularly with photovoltaics), wind, or micro hydro. Additional forms of energy include biomass, commonly in th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Conglomerate (company)
A conglomerate () is a multi-industry company – i.e., a combination of multiple business entities operating in entirely different industries under one corporate group, usually involving a parent company and many subsidiaries. Conglomerates are often large and multinational. United States The conglomerate fad of the 1960s During the 1960s, the United States was caught up in a "conglomerate fad" which turned out to be a form of speculative mania. Due to a combination of low interest rates and a repeating bear-bull market, conglomerates were able to buy smaller companies in leveraged buyouts (sometimes at temporarily deflated values). Famous examples from the 1960s include Ling-Temco-Vought,. ITT Corporation, Litton Industries, Textron, and Teledyne. The trick was to look for acquisition targets with solid earnings and much lower price–earnings ratios than the acquirer. The conglomerate would make a tender offer to the target's shareholders at a princely premium to the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Philippine National Oil Company
The Philippine National Oil Company (PNOC) is an energy company created on November 9, 1973, as a government-owned and controlled corporation founded during President Ferdinand Marcos' era to supply oil to the Philippines. Since then, its charter has been amended several times to include exploration, exploitation and development of all energy resources in the country. History PNOC was created in response to the 1970s energy crisis. The Philippine government, governed by President Ferdinand Marcos, responded to the crises by founding PNOC and forging oil-supply partnerships with supplier countries. The government later acquired refineries and petroleum transport and marketing firms with the aim of being a “total” energy company. PNOC also initiated the exploration of the country’s oil and non-oil energy resources, such as geothermal. PNOC Exploration Corporation concentrates on the oil and gas business. Its Malampaya Deepwater Gas-to-Power Project is one of the largest a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
