*locked* Liberty Telecoms Holdings, Inc. (DELISTED)

Liberty Telecoms Holdings, Inc. (LIB) was incorporated on January 14, 1994 primarily to be the holding company for wi-tribe Telecoms, Inc. (WTI), formerly Liberty Broadcasting Network, Inc. (LBNI), and Skyphone Logistics, Inc.

In April 2005, the management of LIB decided to suspend its business operations due to lack of capital required to operate and grow the business. In August 2005, the group of companies filed with a Regional Trial Court in Makati City a petition for corporate rehabilitation as part of LIB's plan to resolve and to continue normal operations. On December 12, 2006, the Court approved the Revise Rehabilitation Plan of LIB.

The products and services of LIB as offered by LBNI includes telecommunications services that range from nationwide telephone service to data communications, inter-exchange carrier services and international voice and data connectivity services. While the commercial offering of these services has been suspended since 2005, WTI implemented a soft commercial launch of its wireless broadband service, branded as "wi-tribe" in February 2010.

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the key to trading success is to focus on how much money is at risk, not how much money you can make.

trading is simple, but it's not easy. if you want to stay in the business, leave hope at the door, focus on specific setups, and stick to your stops.
San Miguel telco unit’s Q3 results worsen
LIBERTY TELECOMS Holdings, Inc., a San Miguel Corp. unit, widened its losses by 26% to P415.92 million in the third quarter as spending for network expansion continued.

This comes even as revenues ballooned to 84.9% to P145.37 million from last year’s P78.60 million, which was attributed to an increase in subscribers from when the firm first began rolling out services, a filing to the stock exchange on Friday showed.

Expenses of the firm increased 27.9% to P530.08 million from P414.34 million in the same period.

Nine-month net losses thus widened by 52.5% to P1.13 billion from P741 million a year ago.

Liberty Telecoms, which was a dormant listed firm prior to Qatar Telecom and San Miguel Corp.’s investment in 2009, focuses on wireless broadband services.

the key to trading success is to focus on how much money is at risk, not how much money you can make.

trading is simple, but it's not easy. if you want to stay in the business, leave hope at the door, focus on specific setups, and stick to your stops.
Up ko lang ito. Natabunan na kasi. Nasa ilalim. hihihi
“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.”
wala bang may hawak? hehe 2.35 resistance then 3php target
breakout today. tingnan natin kung saan pupunta.

my technical analysis:
ano balita dito?
Disappointing. Dodgy

SMC, Telstra end talks for telco partnership

SAN Miguel Corp. will enter the Philippine telecommunications industry alone “as scheduled” after talks with Australian firm Telstra failed to yield a partnership deal that would have challenged the existing mobile phone service duopoly in the country.

SMC president and COO Ramon Ang told the Inquirer Sunday night that ““both SMC and Telstra worked hard to come up with an acceptable resolution to some issues.”

“However, we agreed we can no longer continue with the talks,” he said. “I believe this is best for all parties.”

Initial estimates valued the proposed joint venture between SMC and Telstra at $1 billion.

The diversified conglomerate said it would still switch on its telecommunications network along with its high-speed Internet service as scheduled despite the development.

Sources said the physical infrastructure for the wireless service is nearing completion with cell sites being almost fully deployed in Metro Manila and in provinces immediately to the north and south of the National Capital Region.

At the same time, Ang said that Telstra offered to continue technical work design and construction consultancy support to SMC.

The SMC chief reiterated that the conglomerate’s entry in the local telecommunications sector “will definitely be a game changer.”

“When we launch, consumers will benefit from better, cheaper service,” Ang said.

He added that SMC will “consider other joint venture opportunities for its telco business” but added that they are not in a hurry to find a new partner.

“We are not rushing,” he said. “What’s important is that we give Filipinos a third and better choice that they have been deprived of for the longest time.”

SMC’s prized assets for its planned telecommunications venture are several licenses for radio frequencies in the 700 MHz spectrum that are crucial for 4G data services — assets that are being coveted by dominant players Globe Telecom Inc. and PLDT, which are asking government to parcel out the frequencies to them.

Source: http://business.inquirer.net/208472/smc-...artnership
sana maka tsupit ulit bukas. na late ako closing sa pagbili ah. penge konti sa opening ha.
Sana wag muna mgbottom hehe. Sarap sumalo sa pinakailalim.
Some people dream of great accomplishments, while others stay awake and do them.
up ko lang. baka ma-agnas ung mga na LIBing eh.
Successful people do what unsuccessful people don't dare...

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