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PSE frowns on Now for its '4th telco player' claim – Manila Bulletin


Published February 18, 2021, 8:00 AM
The Philippine Stock Exchange has chided Now Corporation of Mel Velarde for misleading the investing public with its claim that it was granted “fourth telecommunications player” status by the National Telecommunications Commission.
The PSE said Now Corp. had no “sufficient basis” when it declared itself as the country’s fourth telco player behind PLDT-Smart, Globe and Dito Telecommunity. Now Corporation’s claim was only one of three violations cited by the PSE in imposing sanctions against the company.
The violations, which were published at the PSE’s own website https://edge.pse.com.ph/, also included its delayed disclosure of the issuance by the NTC of the order extending the provisional authority of Now Telecom Company, Inc., an affiliate, to install, operate and maintain a nationwide mobile telecommunications system (the “NTC Order”); and the release to the news media of the material information regarding t ....

Imee Marcos , Corporation Of Mel Velarde , Telecom Company Inc , Department Of Information , National Telecommunications Commission , Communication Technology , Philippine Stock Exchange , Snow Corporation , Mel Velarde , National Telecommunications , Now Telecom Company , Snow Corp , Gringo Honasan , Senator Imee Marcos , Eliseo Rio , இமீ மார்கோஸ் , நிறுவனம் ஆஃப் மெல் வேளருதே , தொலை தொடர்பு நிறுவனம் இன்க் , துறை ஆஃப் தகவல் , தேசிய தொலைத்தொடர்பு தரகு , தொடர்பு தொழில்நுட்பம் , பிலிப்பைன் ஸ்டாக் பரிமாற்றம் , இப்போது நிறுவனம் , மெல் வேளருதே , தேசிய தொலைத்தொடர்பு , இப்போது தொலை தொடர்பு நிறுவனம் ,