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GMA Network, Inc.
11-04-2015, 03:32 PM
Post: #261
RE: GMA Network, Inc.
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...tama ka, si AlDub nagpapaangat nito Big Grin

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02-17-2016, 12:31 PM
Post: #262
RE: GMA Network, Inc.
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this is my bet for the next 6-8 months.

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04-08-2016, 02:12 PM
Post: #263
RE: GMA Network, Inc.
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6% dividend yield!

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08-09-2016, 08:40 AM
Post: #264
RE: GMA Network, Inc.
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GMA Network nets P2.38-B in first half
ABS-CBN News
Posted at Aug 08 2016 07:51 PM

MANILA - GMA Network on Monday said its net income in the first six months of the year hit P2.378 billion, up 116 percent from the P1.099 billion posted in the same period last year.

The company told the stock exchange that its consolidated revenues in the January to June period grew 32 percent to P8.760 billion, driven by election-related earnings.

GMA posted a net income of P2.126 billion in 2015.

http://news.abs-cbn.com/business/08/08/1...first-half

“If a speculator is correct half of the time, he is hitting a good average. Even being right 3 or 4 times out of 10 should yield a person a fortune if he has the sense to cut his losses quickly on the ventures where he is wrong.”
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Today, 04:37 AM
Post: #265
RE: GMA Network, Inc.
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Smart, GMA Network franchises renewed
By Jess Diaz (The Philippine Star) | Updated January 18, 2017 - 12:00am

The committee on legislative franchises chaired by Palawan Rep. Franz Alvarez endorsed the measures. File photo

MANILA, Philippines - The House of Representatives approved on third and final reading on Monday night two bills that extend the legislative franchises of Smart Communications and GMA Network Inc. for another 25 years.

The committee on legislative franchises chaired by Palawan Rep. Franz Alvarez endorsed the measures.

Smart is the country’s largest mobile phone service provider.

During the hearings on Smart’s franchise renewal application, congressmen urged telecommunications companies to improve their mobile phone signal and internet service by spending on additional support infrastructure like cell sites.

Alvarez said there is a flood of complaints about weak mobile phone signals and slow internet despite the fact that such services are among the most expensive in Asia.

“Telecommunications companies are raking in billions in net profits. They should improve their service,” he said.

Alvarez said his committee intends to strictly monitor compliance by grantees with the terms of their legislative privileges.

“We will not hesitate to suspend their franchises or even revoke them if there are repeated violations like failure to provide efficient service,” he said.

Smart’s franchise will expire on March 27 this year, while that of GMA will end a week earlier on March 20.

Possibly in anticipation of its franchise renewal, officials of GMA have said they were again open to the entry of new investors in their company.

Previous talks with Ramon Ang of San Miguel Corp. and Philippine Long Distance Telephone Co. on a possible investment have failed.

Rival TV network ABS-CBN is also seeking renewal of its franchise, which expires in 2020.

Its renewal application is still pending with the Alvarez committee.

The previous 16th Congress had approved a number of telecommunications and broadcasting franchises.
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