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The Philippine Long Distance Telephone Company (PLDT) announced that it has completed the acquisition of Digitel from JG Summit Holdings, Inc. PLDT now owns 51.55 percent equity stake of Digitel. Digitel has a hundred percent stake in Digitel Mobile Philippines, Inc., whose brand name is Sun Cellular.
ABS-CBN Corporation [b] is a Filipino media company based in Quezon City, Metro Manila, Philippines. It is the largest entertainment television and film production, program syndication provider, film distributor and media conglomerate in the Philippines. It is a subsidiary of Lopez Holdings Corporation, which is owned by the López family. [5]
Progressive Broadcasting Corporation (PBC) is a Philippine radio and television network owned by businessman Alfredo L. Henares with 70% equity share together with Joselito N. Pedero (15.3%) and Dennis T. Villareal (14.5%). [1]
The DITO Telecommunity's history can be traced back to the establishment of Mindanao Islamic Telephone Company, Inc. (Mislatel), which is enacted by Congressional legislation on April 19, 1998, under Republic Act No. 8627, allowing the franchise to construct, install, establish, operate and maintain a telecommunication system throughout the Philippines.
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GMA Network was the first television network in the Philippines to broadcast GMA-7 and GMA News TV-11 in standard definition (SD) format with a 4:3 aspect ratio, similar to TV channels in European countries, although the content had been stretched horizontally from its original 4:3 ratio.
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