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 Dito CME Holdings Corporation, DITO CME Holdings Corporation, a subsidiary of the Udenna Corporation which is owned by Davao businessman Dennis Uy, and China Telecommunications Corporation, a state-owned enterprise of the government of China, government of mainland China and a parent company of China Telecom. The consortium is known as the sole winner of the 2018 Philippine third telecommunications provider bidding, 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 Telecommunity began its commercial operations on March 8, 2021. It offers commercial wireless services t ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Government Of China
The government of the People's Republic of China is based on a system of people's congress within the parameters of a unitary communist state, in which the ruling Chinese Communist Party (CCP) enacts its policies through people's congresses. This system is based on the principle of unified state power, in which the legislature, the National People's Congress (NPC), is constitutionally enshrined as "the highest state organ of power." As China's political system has no separation of powers, there is only one branch of government which is represented by the legislature. The CCP through the NPC enacts unified leadership, which requires that all state organs, from the Supreme People's Court to the State Council of China, are elected by, answerable to, and have no separate powers than those granted to them by the NPC. By law, all elections at all levels must adhere to the leadership of the CCP. The CCP controls appointments in all state bodies through a two-thirds majority in t ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Senate Of The Philippines
The Senate of the Philippines () is the upper house of Congress of the Philippines, Congress, the bicameral legislature of the Philippines, with the House of Representatives of the Philippines, House of Representatives as the lower house. The Senate is composed of 24 senators who are elected at-large (the country forms one district in Philippine Senate elections, senatorial elections) under a Plurality block voting, plurality-at-large voting system. Senators serve six-year terms with a maximum of two consecutive terms, with half of the senators elected in staggered elections every three years. When the Senate was restored by the Constitution of the Philippines, 1987 Constitution, the 24 senators who were elected in 1987 served until 1992. In 1992, the 12 candidates for the Senate obtaining the highest number of votes served until 1998, while the next 12 served until 1995. This is in accordance with the transitory provisions of the Constitution. Thereafter, each senator electe ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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State-owned Enterprise
A state-owned enterprise (SOE) is a business entity created or owned by a national or local government, either through an executive order or legislation. SOEs aim to generate profit for the government, prevent private sector monopolies, provide goods at lower prices, implement government policies, or serve remote areas where private businesses are scarce. The government typically holds full or majority ownership and oversees operations. SOEs have a distinct legal structure, with financial and developmental goals, like making services more accessible while earning profit (such as a state railway). They can be considered as government-affiliated entities designed to meet commercial and state capitalist objectives. Terminology The terminology around the term state-owned enterprise is murky. All three words in the term are challenged and subject to interpretation. First, it is debatable what the term "state" implies (e.g., it is unclear whether municipally owned corporations and ente ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Government Of China
The government of the People's Republic of China is based on a system of people's congress within the parameters of a unitary communist state, in which the ruling Chinese Communist Party (CCP) enacts its policies through people's congresses. This system is based on the principle of unified state power, in which the legislature, the National People's Congress (NPC), is constitutionally enshrined as "the highest state organ of power." As China's political system has no separation of powers, there is only one branch of government which is represented by the legislature. The CCP through the NPC enacts unified leadership, which requires that all state organs, from the Supreme People's Court to the State Council of China, are elected by, answerable to, and have no separate powers than those granted to them by the NPC. By law, all elections at all levels must adhere to the leadership of the CCP. The CCP controls appointments in all state bodies through a two-thirds majority in t ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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The Philippine Star
''The Philippine Star'' (self-styled ''The Philippine STAR'') is an English-language newspaper in the Philippines and the flagship brand of the Philstar Media Group. First published on July 28, 1986, by veteran journalists Betty Go-Belmonte, Max Soliven and Art Borjal, it is one of several Philippine newspapers founded after the 1986 People Power Revolution. Its sister publications include business newspaper '' BusinessWorld''; Cebu-based, English-language broadsheet '' The Freeman''; Filipino-language tabloids '' Pilipino Star Ngayon'' and ''Pang-Masa''; Cebuano-language tabloid ''Banat'', online news portals Philstar.com, PhilstarLife.com, Interaksyon (formerly with News5), LatestChika.com, Wheels.PH, PropertyReport.PH, Multiverse.PH and TV/digital production unit Philstar TV. In March 2014, the newspaper was acquired by MediaQuest Holdings, Inc., a media conglomerate subsidized by the PLDT Beneficial Trust Fund, after the company purchased a majority stake in Philst ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Congress Of The Philippines
The Congress of the Philippines () is the legislature of the national government of the Philippines. It is Bicameralism, bicameral, composed of an upper body, the Senate of the Philippines, Senate, and a lower body, the House of Representatives of the Philippines, House of Representatives, although colloquially, the term "Congress" commonly Totum pro parte, refers to just the latter. The Senate meets at the GSIS Building in Pasay, while the House of Representatives meets at the Batasang Pambansa Complex, Batasang Pambansa in Quezon City, which also hosts Joint session of the Congress of the Philippines, joint sessions. The Senate is composed of 24 senators half of which are elected every three years. Each senator, therefore, serves a total of six years. The senators are elected at-large and do not represent any geographical district. In the current 19th Congress of the Philippines, 19th Congress, there are 316 seats in the House of Representatives. The Constitution of the Phili ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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LTE Advanced
LTE Advanced, also named or recognized as LTE+, LTE-A or 4G+, is a 4G mobile Cellular network, cellular communication standard developed by 3GPP as a major enhancement of the LTE (telecommunication), Long Term Evolution (LTE) standard. Three technologies from the LTE-Advanced tool-kit carrier aggregation, 4x4 MIMO and 256QAM modulation in the downlink if used together and with sufficient aggregated bandwidth, can deliver maximum peak downlink speeds approaching, or even exceeding, 1 Gbit/s. This is significantly more than the peak 300 Mbit/s rate offered by the preceding LTE standard. Later developments have resulted in LTE Advanced Pro (or 4.9G) which increases bandwidth even further. The first ever LTE Advanced network was deployed in 2013 by SK Telecom in South Korea. In August 2019, the Global mobile Suppliers Association (GSA) reported that there were 304 commercially launched LTE-Advanced networks in 134 countries. Overall, 335 operators are investing in LTE-Adv ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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LTE (telecommunication)
In telecommunications, long-term evolution (LTE) is a standard for wireless broadband communication for cellular mobile devices and data terminals. It is considered to be a "transitional" 4G technology, and is therefore also referred to as 3.95G as a step above 3G. LTE is based on the 2G GSM/ EDGE and 3G UMTS/ HSPA standards. It improves on those standards' capacity and speed by using a different radio interface and core network improvements. LTE is the upgrade path for carriers with both GSM/UMTS networks and CDMA2000 networks. LTE has been succeeded by LTE Advanced, which is officially defined as a "true" 4G technology and also named "LTE+". Terminology The standard is developed by the 3GPP (3rd Generation Partnership Project) and is specified in its Release 8 document series, with minor enhancements described in Release 9. LTE is also called 3.95G and has been marketed as 4G LTE and Advanced 4G; but the original version did not meet the technical criteria of a 4G wire ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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BusinessMirror
''BusinessMirror'' is a daily business newspaper in the Philippines, founded in 2005 by Antonio Cabangon-Chua, who was also its publisher and the owner of radio network Aliw Broadcasting Corporation. ''BusinessMirror'' has a daily circulation of 82,000. ABS-CBN agreement On April 30, 2014, ''BusinessMirror'' and ABS-CBN Integrated News and Current Affairs (consisting of ABS-CBN News Channel The ABS-CBN News Channel, commonly known as ANC, is a 24/7 Philippine pay television news channel. It was launched in 1996 as the first all-news network in English language. The majority of its programs are produced by ABS-CBN News and Curre ... and its online affiliate, ABS-CBNnews.com) signed a content sharing/partnership agreement that will boost both entities to continue to deliver the credible business and economy news in the country. Officers of ''BusinessMirror'' and ABS-CBN News, including its news chief, Regina Reyes, witnessed the agreement signing. References Exte ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Globe Telecom
Globe Telecom, Inc., commonly shortened as Globe, is a major provider of telecommunications services in the Philippines. The company operates one of the largest mobile, fixed-line and broadband networks in the Philippines. As of November 2023, Globe has 54.7 million subscribers, making it the second largest network in terms of subscriber base. The company's principal shareholders are Ayala Corporation and Singtel. It is listed on the Philippine Stock Exchange under the ticker symbol GLO. 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. Its 5G coverage is available in over 3,000 locations all over the country, and nearly 100% of the population in the National Capital Region, Davao City, and Cebu. In 2016, Globe introduced its ''Globe Lifestyle'' brand as a way to connect to its customers through fashion. It also launched two entertainment divisions: An ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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PLDT
PLDT, Inc., formerly known as the Philippine Long Distance Telephone Company (), is a Philippine telecommunications, internet and digital service company. PLDT is one of the Philippine'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 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. It is listed in the Philippine Stock Exchange and New York Stock Exchange and is being controlled by First Pacific, a Hong Kong–based investment management company, Nippon Telegraph and Telephone, through its subsidiaries, and JG Summit Holdings. Throughout the past decades, PLDT has received numerous ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |