Sunday 20 January
Nov 4, 2016 @ 18:29

Ayalas take control of Aussie phone retailer’s PH network

 

Globe Telecoms is taking over Taodharma Inc.,the exclusive licensee of Allphones Australia in the Philippines.

The Ayala-led firm informed the Philippine Stock Exchange that its board of directors approved the increase of its stake in Taodharma from 25 percent to 67 percent.

“Accordingly, the change of our stake in Taodharma shall be reflected in the pertinent regulatory reports,” Globe said.

Globe entered into an exclusive partnership with Allphones to widen its distribution footprint.

Allphones has more than 50 branches in the Philippines, carrying the widest range of handset brands, including device accessories and other gadgets.

It prides itself with a tablet-based, digital, and paperless process for faster, safer and more seamless plan applications.

Please follow and like us:

Tags: , , , ,

Related Stories
The death of the richest man in the Philippines has sparked a new debate on
The Philippines' wealthiest man Henry Sy, who rose from being a penniless Chinese immigrant to
The Philippines' average inflation soared above its target range in 2018, the Bangko Sentral ng


 

Trending News

Recommended on sister sites

Copyright © 2019 Bilyonaryo - Latest news on the richest Filipinos and Family Business.