Enterprise

Telstra, SMC call it quits on telco joint venture in PH

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Talks of a wireless joint venture between beer giant San Miguel Corporation and Australia’s biggest phone and Internet company Telstra have broken down, as the two parties have conceded that they are no longer forming a third telecom operator in the Philippines, where Internet connectivity is notoriously slow and expensive, not to mention controlled by two large conglomerates, PLDT and Globe Telecom.

SMC president and COO Ramon Ang yesterday told the Philippine Daily Inquirer that SMC and Telstra have “agreed that we can no longer continue with the talks” despite working around the clock to “resolve some issues.” Ang said the local conglomerate would continue to push through with its plans to launch an affordable and high-speed Internet service, regardless of whether it finds a new investor to take Telstra’s place.

In a separate report by The Australian, Telstra chief Andrew Penn confirmed the latest development to what has been one of the biggest tech stories in the Philippines of last year.

“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 achieved the right risk-reward balance for all involved,” Penn said. It was previously reported that Telstra was looking to spend up to $US1 billion for proposed mobile plans in the country.

Telstra, for its part, has offered to provide infrastructure-related assistance and consultancy support to SMC and will continue to pursue growth opportunities in Asia. The latter has gained considerable momentum since the Australian carrier acquired submarine communications network Pacnet in 2015 for $US697 million.

The latest State of the Internet report by U.S.-based online content and network firm Akamai reveals that the Philippines has the second-worst average download speed (2.8Mbps) in the Asia-Pacific region, besting only India. By comparison, top-ranked South Korea averaged a speed of 20.5Mbps.

We can’t say we’re surprised to hear that negotiations have sputtered and came to a halt Sunday, leaving a trail of disappointment and unmet expectations. Anyone who has been following this story since it broke could see the writing on the wall, and Telstra must not have liked what it saw.

The skyrocketing estimates of offering affordable, reliable, and high-speed Internet service in an archipelago; the increasingly louder call to reallocate the much-sought-after 700MHz wireless frequency, which is currently mostly held by Liberty Telecom, a subsidiary of San Miguel Corporation; SMC’s failed attempt at making a dent in the local telecoms industry with Wi-Tribe — you can take your pick between these red flags, but there are other concerns.

But the bottomline is the arrival of a third force in the Philippines’ telecom market has been pushed back indefinitely, which means the long-suffering customers of existing telcos will continue to have little to no choice for quality mobile and broadband service.

Below is a copy of Telstra’s press release regarding the failed joint venture.

Negotiations ended on Philippines wireless joint venture

Telstra and San Miguel Corporation have been unable to reach commercial arrangements on a possible equity investment in a wireless joint venture in the Philippines and negotiations have therefore ceased.

Telstra Chief Executive Officer Andrew Penn today said the organisations had agreed at the weekend to bring negotiations to an end.

“Despite an enormous amount of effort and goodwill on all sides, we were simply unable to come to commercial arrangements that would have enabled us all to proceed,” Mr Penn said.

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

Telstra has offered to continue technical network design and construction consultancy support to San Miguel Corporation, should those services be required.

“We continue to pursue growth opportunities in Asia consistent with our strategy. Following our April 2015 acquisition of Pacnet, Telstra is now one of the largest connectivity providers in Asia,” Mr Penn said.

“Our investment decisions will be guided by our capital management framework. Investments remain an important part of our future to ensure sustainable growth in earnings and shareholder returns over time.”

Telstra last year confirmed it had been negotiating a possible joint venture with San Miguel Corporation and envisaged investing up to USD$1 billion should the joint venture proceed.

[irp posts=”7566″ name=”Singapore, S. Korea dominate 4G LTE rankings, Philippines struggles”]

Sources: Philippine Daily Inquirer l The Australian

Image: International Business Times AU

Enterprise

Google ordered to pay EUR 4.1 billion in fines

The EU alleges that Google uses its apps to establish an unfair dominance.

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European fines have unintentionally become a normal part of doing business in the American technology space. For too long have American companies paid paltry fines to prevent harsher regulation in the European Union. Now, for the first time, Google is about to pay a record-breaking fine that goes beyond “paltry.”

Today, via CNBC, Google has been ordered to pay an astonishing EUR 4.1 billion (or approximately US$ 4.67 billion) in fines. The fine is in response to an anti-competition case.

This has been a long time coming for Google. The original case started in 2018. At the time, the European Union accused the brand of using anti-competitive practices to ensure its dominance in the smartphone market. According to the courts, the company’s bundling of first-party apps for every Android smartphone gives them an unfair advantage in the market and lessens the user’s choice in selecting apps.

For years, Google has fought the fine to seemingly no avail. Now, the company has lost its final attempt, which means that the fine still stands. On the bright side, they did get it reduced from the original EUR 4.34 billion fine.

The European Union is the scourge of every American tech company (and a godsend to consumers). Most notably, the continent’s government forced Apple to adopt USB-C, leading to a more universal experience across brands.

Google’s hefty fine aims to do the same. And it is quite hefty. Whereas previous fines were in the millions (and hence, negligible for most companies), a fine in the billions is more tangible.

SEE ALSO: Google might limit free storage to only 5GB

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foodpanda relaunches cult-favorite roast chicken brand after 8 years of persistent search queries

Heritage chain Andok’s returns to the platform, driven entirely by long-term user analytics.

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In the world of e-commerce and food delivery, platform algorithms usually dictate what consumers see. But occasionally, consumer behavior is so relentless that it shapes the platform’s strategy.

In a move driven entirely by long-term user analytics, foodpanda has officially relaunched Andok’s, one of the Philippines’ most iconic heritage rotisserie chains, back onto its platform after an eight-year absence.

The search bar as a digital wishlist

The decision to ink the partnership wasn’t just a marketing play. It was a response to an ongoing data anomaly. Despite being offline from the foodpanda platform for eight years, Andok’s consistently ranked as one of the most-searched merchants on the app.

Year after year, users treated the empty search results page as an unofficial wishlist. This persistent search intent gave foodpanda a clear, data-backed signal of pent-up demand.

Prior to the official digital rollout, teaser campaigns on social media validated this demand, generating thousands of organic interactions from users anticipating the return.

Bridging heritage flavor with digital infrastructure

For foodpanda, onboarding a merchant with this level of built-in demand fits its broader strategy of marketplace optimization and hyper-local network expansion, turning a heritage brand into another data point for how legacy retail plugs into delivery infrastructure.

For Andok’s, the integration works as a fast track to digital scale. A legacy quick-service chain skips years of independent app development and reaches customers already using foodpanda’s existing logistics network, on a platform they already check daily.

Andok’s built its following on charcoal spit-roasted chicken, a slow-cooked technique that’s stayed largely unchanged since the brand’s early days, alongside seasoned grilled pork belly.

More recently, the Dokito line extended that following into crispy fried chicken and chicken burgers, broadening the brand’s appeal beyond its original rotisserie format and giving foodpanda a menu with both heritage pull and everyday fast-food convenience.

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Enterprise

Global Connect Show Shenzhen empowers Chinese enterprises

Opportune time for new Chinese enterprises to go global

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The Global Connect Show Shenzhen 2026 (GCS SZ 2026) was successfully held on June 1 at China’s innovation hub.

More than 100 Chinese enterprises joined the event, encouraged to expand into international markets.

The program focused on three core pillars:

  • Chinese brand going global
  • Global channel connection
  • Dedicated “Into the Enterprise” series

China has developed a new generation of internationally competitive companies across various sectors, including:

  • consumer electronics
  • smart hardware
  • artificial intelligence
  • robotics

As these companies enter a new phase of going global, demand is growing for global communications, brand building, market trust, and localized business networks.

As such, the Global Connect Show is one of the platforms to be able to strengthen the relationship across enterprises, partners, business associations, and even media and influencers.

It is a significant window for innovative brands to enter global retail channels by building compelling brand narratives and developing strong localized operations.

This year’s GCS is the third staging of the show, which consistently aims to match Chinese brands with partners through a results-first approach. Such an approach includes hands-on product experiences, presentations, and one-on-one meetings.

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