A telecommunications trader was charged before the Department of Justice (DOJ) by the Bureau of Internal Revenue (BIR) for willful attempt to evade or defeat tax, deliberate failure to file income and value-added tax returns (ITR), and failure to register as VAT taxpayer.
The National Telecommunications Commission (NTC) held the first public hearing on PLDT's purchase agreement with Digitel on Monday. Industry player Globe Telecom was there, and it did not mince words. Globe said the deal will result in a monopoly. Alvin Echico reports in ANC Business Nightly.
MANILA, Philippines - Globe Telecom Inc., the country's second-ranked mobile operator, wants the government to intervene in a planned merger of two rivals, saying the deal would create a giant controlling two-thirds of the market.
DIJON, France - The manager of a French distillery in the renowned Burgundy wine-making district was sent a sobering phone bill for 716,414,273 euros (1.02 billion dollars).