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Tuesday, May 28, 2013

ABS-CBN AND GLOBE TELECOM SEALS CONVERGENCE DEAL! GMA-7 LEFT BEHIND?


MANILA, Philippines - Lopez-led ABS-CBN Corp. and Ayala-led Globe Telecom Inc. sealed the second big-ticket deal that marks the convergence of media and telecommunications businesses in the country.

On Tuesday, May 28, the country's leading media group and the second biggest telecommunications provider announced their "groundbreaking partnership," one that has been in the works for over 5 years.


"This groundbreaking partnership, which converges two separate industries, enables ABS-CBN - the country's largest media and entertainment conglomerate - to deliver ABS-CBN content and offer traditional telecoms services on mobile devices," Rolando P. Valdueza, ABS-CBN's group chief finance officer, said in a disclosure to the stock exchange.

"Through the network-sharing agreement, Globe will provide capacity and coverage on its existing cellular mobile telephony network to ABS-CBN Convergence on a nationwide basis. The parties may also share assets such as servers, towers, and switches," he continued.

This deal follows the previous effort toward the same convergence strategy by the group led by Manuel V. Pangilinan.

Pangilinan heads the country's biggest telecommunications provider and Globe's rival, Philippine Long Distance Telephone Co. (PLDT), which controls about 70% of the over 100 million local mobile subscribers.

PLDT's media arm, MediaQuest Holdings, acquired third liner ABC Development Corp, the operator of TV5 in 2009, and pursued GMA Network Inc., the country's second biggest media group and ABS-CBN's main rival.

The 2012 talks — the 3rd since 2001 — between the Pangilinan group and GMA's triumvirate owners ended nowhere.

Synergies

Since then, the Ayala and Lopez groups continued to pursue their own negotiations, which has started sometime in 2007.

In October 2012, the two business groups sealed a deal that will allow Globe to share the radio frequencies of the Lopezes' cash-strapped BayanTel to ease Globe's network congestion problems.

Eventually, Globe took over the debts of BayanTel, resulting in the Ayala firm's control of the Lopezes' telco unit, which has failed to compete in the capital-intensive industry.

As the media and telecommunication groups in the country position to explore synergies, GMA-7 is still left out in the cold, along with other players such as debt-laden RPN-9 and newcomer Solar group.

A utility business — including telecommunications, media, cable — need government's and lawmakers' nods since frequencies are finite and their service affect millions. - Rappler.com

18 comments:

Anonymous said...

Gagawa ng sariling telecom at cable company ang GMA7. Kukunin nila ang capital sa pag-issue ng shares, hindi sila uutang dahil alam nila na hindi alam ng mya bobo nilang supporters na ang utang for investment ay halos parehas lang ng issuance of shares. Malaking capital ang kailangan nila, pero sa takbo ng GMA7 ngayon mahihirapan silang makahanap ng investors. Mahihirapan din silang makahanap ng mauutangan...sa bandang huli, maiiwanan na talaga sa kangkongan ang GMA7 kasama ng RPN 9, mauungusan na sila ng ABC 5 na alam naman natin na may capital at handang mag-invest, hindi kagaya ng mga taga GMA7...

Anonymous said...

Oh, mga kapuso malinaw yan nakalagay sa article ha...

"Groundbreaking PARTNERSHIP"... Sana naman wala nang kapuso dyan na nagsasabi na binenta na ang ABS-CBN sa Globe...

The deal between these two companies is entirely different from what GMA7 and Pangilinan Group was aiming for...

So malinaw yan ha, ABS-CBN and Globe are PARTNERS...

#imjustsaying

Anonymous said...

DApat tinanong mo muna kung alam nila ung word na PARTNER... :D

Anonymous said...

GME - currently big no telcom partners... (From latest Kantar rating SA WAKAS TINALO NG ASAP ANG KAMUNING MOVIE FESTIVAL at hindi na kaya ng Telebabad ang Showtime)

GME - more money required to make a partnership with a telco company! Este NO AVAILABLE BIG TELCOM COMPANIES TO PARTNER WITH KAMUNING NETWORK GME!

Anonymous said...

In short, sa kangkongan na talaga sila pupulutin.

Anonymous said...

In a sense, Gozon, Duavit and Jimenez are like livestock farmers...

Hanggang may gatas pa silang makukuha sa alaga nilang baka (GMA Network), gagatasan nila ito...

And by the time na wala na itong ma-produce na gatas, ibebenta na nila...

Yan ang long-term plan ng GMA Executives kaya we barely see major improvements...

Bakit ka nga naman gagastos ng malaki para sa isang bagay na ibebenta mo rin eventually...

#imjustsaying

Anonymous said...

^
^
Gagawin nila yan dahil wala silang pakialam kung ano man ang mangyari sa GMA dahil hindi nila pinaghirapan na itayo ito. Nakuha lang kasi nila ang GMA dahil kay Apo Ferdie...

Anonymous said...

di kailangn ng GMA ang merging na yan;at mas lalong di nila kailngn ang sim! ==para lng sa mahihina at sankaterbang utang bwahahahhaha

Anonymous said...

^
^
Bobo...tanga...gusto rin yan ng GMA, wala lang TelCo na gusto dahil nga hindi competitive ang content ng GMA bukod sa palubog na sya...

RIPGME said...

Anonymous said...
di kailangn ng GMA ang merging na yan;at mas lalong di nila kailngn ang sim! ==para lng sa mahihina at sankaterbang utang bwahahahhaha
May 29, 2013 at 5:15 PM

-----------------------------

Teh, TINALO pa ng RPN at TV5 ang GME mo kaya ngawa ka lang ng ngawa diyan huh? bwahahahahah

Anonymous said...

whaaaaat me utang na naman kapampam....nakakatulog pa ba sila...wawa na kapampam. bagsak na mga shows flop pa mga movies...hay kawawa tlga

Anonymous said...

utang na naman, utang na loob, tumigil n kayo mga kapus utak, wala na ba kayo masabi. MAY UTAK BA TALAGA KAYO?

INGGIT LANG, BITTER.

Anonymous said...

KAWAWANG MGA KAPUSONEGRO
KAPUS UTAK, KAPUS SA PANG-UNAWA
KAPUSPALAD.

BITTER NA DI MAKA GET OVER SA KATOTOHANANG NILOLOKO LANG SILA NG ISTASYON NILANG NAPAG IIWANAN NG PANAHON.

GISING!!!!

RIPGME said...

Anonymous said...
whaaaaat me utang na naman kapampam....nakakatulog pa ba sila...wawa na kapampam. bagsak na mga shows flop pa mga movies...hay kawawa tlga
May 30, 2013 at 4:06 PM

---------------------------------

Huwag kasi gawing SHABU ang Noodles at Sardines teh para hindi ka mahilo. Tignan mo tuloy, sa kapapanood mo ng WALANG KWENTA at BASURANG SHOWS ng GME hindi mo na alam ang REALITY sa FANTASY. bwahahahaha! At ano pala ganap sa GME? Bakit TSUGIHAN at TIGBAKAN ng SHOWS ang network niyo? LUBOG at LAGAPAK na kasi ano? Wala na kasi NANINIWALA sa LUTO RATINGS ng AGB bwahahahhaa

Anonymous said...

Anonymous said...
whaaaaat me utang na naman kapampam....nakakatulog pa ba sila...wawa na kapampam. bagsak na mga shows flop pa mga movies...hay kawawa tlga
_____________________________________

eh bakit parang ikaw ang hindi makatulog dyan???

Are you sure that you are pertaining to the right shows and movies?

Baka naman shows at movies ng GMA7 un sinasabi mo...

How pathetic....

Anonymous said...

ang payo sa tri-stoojizz why dont you try Eastern telecom a Cojuanco-led smoltaym telco

try nyo rin KUMILING on the TAMANG DAAN eh naiiwanan na kayo eh yu~now

cornaks GME

Anonymous said...

IT'S SHOWTIME's June 1 episode GOT ITS HIGHEST RATINGS in the show's whole run (and brought all other GME Saturday shows to shame), according to Kantar. Before that day, however, INDIO FINALE has beaten IT's SHOWTIME in rating rankings still according to Kantar, but all other GME Telebabad shows failed to beat IS.

GME airs old movies from noontime to late afternoon for first two Sundays of June 2013 because of "SAS" debut on June 16. First Sunday of June 2013's KMF offering wins against ASAP by a narrow margin (according once again to Kantar)...

GME is left behind for now lineup-wise.

John Frank said...

Naghahanap ka ba ng isang pautang? O kaya naman ay tumanggi sa iyo ng isang pautang sa pamamagitan ng isang bangko o isang institusyong pinansyal para sa isa o higit pang dahilan? Kayo ay may tamang lugar para sa iyong mga solusyon sa utang dito mismo! John Frank Pautang Investment bigyan out mga pautang sa mga kumpanya at mga indibidwal sa isang mababa at abot-kayang rate ng interes ng 2%. Mangyaring makipag-ugnay sa amin sa pamamagitan ng e-mail sa ngayon johnfrankloaninvestment@gmail.com

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