Vega Telecom Inc. is a Filipino telecommunications company jointly owned by Globe Telecom and PLDT. It was established as a holding company of San Miguel Corporation for its various telecommunications investments. In separate statements on May 30, 2016, Globe Telecom and PLDT each acquired half of Vega Telecom from San Miguel Corporation for ₱69.1 billion. The acquisition entailed ₱52.08 billion for 100% equity interest in Vega Telecom and the assumption of around ₱17.02 billion of liabilities. The deal was closed on May 30, 2017.
Subsidiaries Bell Telecommunications Philippines, Inc. Eastern Telecommunications Philippines Inc. Liberty Telecommunications Holdings, Inc. Cobaltpoint Telecommunications Philippines, Inc. (formerly Express Telecom) Hi-Frequency Telecommunications, Inc. Tori Spectrum Telecommunications, Inc.
References
External links BellTel Eastern Communications Liberty Telecoms Holdings wi-Tribe Philippines