MANILA, Philippines -- ABS-CBN Corp. is gearing up to become the country's "third player" in the telecommunications industry, following a "pioneering" network sharing agreement with Globe Telecom Inc.
ABS-CBN chairman Eugenio Lopez III said the media conglomerate will launch an "ABS-CBN mobile SIM" that will offer the same telco services plus exclusive content from the company.
"In essence, we're a third player," Lopez quipped at the press conference announcing ABS-CBN and Globe Telecom's partnership, Tuesday.
Subscribers using the ABS-CBN mobile SIM will be able to use it to send texts, make calls, and surf the Internet like any other consumer on a telco platform. But this SIM, Lopez stressed, will have exclusive ABS-CBN content.
The SIM will be bundled with mobile devices such as tablets and smartphones, which will be available in ABS-CBN stores.
Lopez said the ABS-CBN mobile SIM will be launched before the year ends as regulatory approvals are still pending.
On Tuesday, ABS-CBN Corp., through unit ABS-CBN Convergence Inc., and Globe Telecom formally sealed a "network sharing agreement" that would pave the way for the multimedia giant to deliver content and traditional mobile services such as voice, SMS and data through the Ayala-led telco's infrastructure.