The other Cojuangco: 'Tony' emerges as new force in Philippines

Article Abstract:

Antonio Cojuangco has proved a potent business force in the Philippines with his bold move to gain control of Philippine Airlines Inc. Cojuangco gambled by using the clan's controlling shares in Philippine Long Distance and Telephone Co to secure business loans to finance his bid for the privatizing airline. However, he tempered the risks with balanced support for the candidates most likely to win in the May 1992 presidential polls. Secure in the family's financial and political power, he had previously used the telecommunications interests to venture into other industries.

Air transportation, scheduled, Officials and employees, Investments, Airlines, Airline employees, Philippine Airlines Inc., Cojuangco, Antonio

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Politics on the line

Article Abstract:

Digital Telecommunications Philippines Inc's acquisition of a telephone network in the Philippines was blocked by former Justice Sec Silvestre Bello. The decision not to award the contract, according to Bello, was in compliance with the law that requires public utilities to secure a franchise from Congress. His action, however, was perceived to be politically motivated since he is running for senator in the 1992 election under the party supported by Philippine Long-Distance Telephone Corp (PLDT) Pres Antonio Cojuangco.

Laws, regulations and rules, Bello, Silvestre, Philippines. Department of Justice, Digital Telecommunications Philippines Inc.

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Wake-up call: Philippine competitors chip away at PLDT's monopoly

Article Abstract:

The Philippines Long Distance Telephone Co is striving to overcome the challenge of tough competitors and government opposition to its monopoly on Manila phone service. A zero-backlog program is aimed at satisfying all applications for phone service within three years. Meanwhile, telecommunications has been deregulated and new companies are emerging such as International Communications, Smart Information Technologies, Digital Telecommunications and Globe Telecom.

Long distance telephone services, Philippines, Long-distance telephone service, PHI

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