JG Summit allots P28B for capex this year.

JG Summit Holdings Inc. has set aside P28 billion for capital outlays this year, bulk of which will be channeled to its telecommunication and airline businesses. The breakdown of this year’s capex budget was estimated by Gokongwei as follows: Telecommunications (P12 billion)

Subsidiary Digital Telecommunications Philippines Inc., which operates the Sun Cellular network, has quietly increased market share to become a leading player especially in the post-paid subscriber market. Now if they will only open their internet services in CEBU!!! and their landline offerings in CEBU as well, their customers will explode. They need to relax their requirements on requirements to get a post paid line too as some are now only requiring an ID and deposit that reduces during holding period.
Click here to read complete article 6/26/09 Philippine Inquirer