Philippine Long Distance Telephone News

MANILA, Philippines -- Manuel Lopez is stepping down effective immediately as chairman of power retailer Manila Electric Co., Lopez told shareholders on Tuesday.

MANILA, Philippines --- The rich and the famous in the United States and the Philippines will fete President Benigno Aquino III when he arrives in Washington DC on June 7 to meet with US President Barack Obama.

Azkals - - CJ Corona impeachment - - Gloria Arroyo - - Jessica Sanchez - - Pacquiao Punch - - Ask PNoy - - Divorce Bill - - Reproductive Health bill - - Jose Rizal@150 - - PNoy: Ang Unang Taon - - Ex-Ombudsman Merceditas Gutierrez - - Maguindanao Massacre - MANILA, Philippines - Telecommunications giant Philippine Long Distance Telephone Co.

MANILA, Philippines - The Philippine Long Distance Telephone Co. Group wants to take its media and multi-media service business regional, as it eyes the acquisition of foreign television companies.

Telecoms heavyweight Philippine Long Distance Telephone Company has reported a 6% fall in net income for the three months ended 31 March 2012 on the back of a sharp rise in expenses, but says that the integration of recently acquired telco Digital Telecommunications Inc and cost-cutting will help boost future earnings.

Philippine Long Distance Telephone Co , the country's most valuable listed company, reported a 6 percent fall in first-quarter profit, weighed down by higher expenses that cut into its revenue gains.