Rally in digital telecom shares is expected to diminish

Article Abstract:

Digital Telecommunications has been enjoying a convincing performance in the Philippine telephone market, as the fixed-line operator recorded marked improvements in its stock value for the early part of 1999. Shares of the company reached the 1.80 peso per share level in June, representing an 80% increase from the previous month. Such a gain is significantly attributed to Digital's consolidation with second-tier operators, which bolstered its market share against Philippine Long Distance Co. Despite these achievements, Digital is still struggling to address problems in the Northern Luzon area.

Securities, Philippines, Digital Telecommunications Philippines Inc.

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Hung up on approval process

Article Abstract:

The Taiwanese government plans to increase to 40% the direct stake that a foreign firm can own in a Taiwanese telecommunications firm. The change would enable foreign firms to own up 100% of a telecommunications firm though combined indirect and direct stakes.

Taiwan, Acquisitions & mergers, Government regulation, Laws, regulations and rules, Brief Article

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Speaking Freely in India

Article Abstract:

The Indian government should continue to deregulate the country's telephone system, despite objections.

India

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