Telstra ends talks with SMC for join Internet venture

Months after titillating PHL net users with the promise of better internet service, Telstra Corp. Limited and San Miguel Corp. have ended negotiations for a joint venture. Andrew Penn, Telstra’s chief executive officer, earlier expressed interest of spending up to $1 billion to enter the PHL internet industry, one of the world’s slowest and most expensive.

While this opportunity is strategically attractive, and we have great respect for San Miguel Corporation and its President Mr. Ramon Ang, it was obviously crucial that the commercial arrangements achieve the right risk-reward balance for all involved. Andrew Penn, Telstra CEO.

Read:

Sun.Star Cebu: Telstra, San Miguel end talks on join venture

Talisay teachers cry foul over reassignment.

Thirteen of the 66 teachers who were reassigned to different schools and lower levels by DepEd Talisay are crying foul over their transfer. The teachers met Talisay City schools division superintendent Dr. Leah Noveras last Monday to air their grievances over the move, which Noveras defended was done to sustain and balance the school system in the division.

What we are doing in Talisay is to align the personnel with their plantilla. This effort started in 2012, it wasn’t finished that year because there were other concerns in the City. Dr. Leah Noveras, Talisay City DepEd superintendent.

Read: Freeman: DepEd Talisay, Teachers meet over reassignment

CCTV belies ‘tanim-bala’ accusation.

A copy of the CCTV footage at the Mactan Cebu International Airport belied a claim by a fireman of a “tanim-bala” case in the airport. Senior Supt. Raul Bargamento, the head of the airport security, said the 10-minute video clip showed airport personnel didn’t place any bullets in Percy Ferrer’s bag.

He was told that told that something was seen from his bag. He checked the bag. He was searching and bullets were found. Sr. Superintendent Raul Bargamento, MCIA-AVSUE chief.

Read: Cebu Daily News: CCTV clears airport personnel of ‘tanim-bala’ accusation.

Other Cebu News.

Sun.Star Cebu: Davide faces raps for sale of Kalunasan lot.

Sun.Star Cebu: Mandaue assures fire victims they can rebuild homes.

Sun.Star Cebu: CCTO won’t close UP road for presidential debate on Sunday.

Sun.Star Cebu: Vice-guv bet says Cebu deserves better hospitals.

Freeman: Castro files charges against police officers.

Freeman: 4 bets in San Fernando, Naga shun peace covenant signing.

Cebu Daily News: Davide appeals for more aid for fire victims.

Cebu Daily News: City Hall encounters glitches in first day of centralized garbage hauling.

Cebu Daily News: Moms face challenges in working at home.

Cebu Business News.

Sun.Star Cebu: Indian firm sees potential in agri sector.

Sun.Star Cebu: Official says corruption issues still hound BIR.

Freeman: GMR-Megawide says better air connectivity to boost tourism.

Freeman: Capitalist eyes ‘bed and breakfast’ facilities in outlying areas.

Cebu Daily News: Professor says Cebu can contribute more to PHL economy.

Cebu Daily News: BIR finds 100 violators in tax-mapping campaign in Lapu-Lapu.

Cebu Sports News.

Sun.Star Cebu: Ateneo thrashes Zamboanga school by 61 points in NBTC.

Sun.Star Cebu: Tabal joins two more training camps in Japan.

Cebu Daily News: USC beats Velez College in testy CFFL match.

 

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