EasyCall to buy affiliate for P162.9M

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The Delgado family’s EasyCall Communications Philippines Inc. is set to complete the acquisition of affiliate Transnational E-Business Solutions Inc. by January next year, concluding a deal nearly 17 years in the making. | miguelrcamusINQ

In the same period, EasyCall, which provides internet, data centers and IT services, recorded service revenues of P81.27 million, up 12.7 percent. The company reported a profit of P5.42 million, reversing an P11.62 million loss the previous year.

“We are very optimistic that through this new development with [Transnational E-Business], we can build on our culture of innovation and provide the best digital solutions that address the needs of our customers,” Delgado said. In 2005, EasyCall entered into an agreement with Transnational E-Business where the latter shall be the long-term outsource provider for the company’s internet data center management requirements.

 

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miguelrcamusINQ Buhay pa 'to? May agents pa ba sila sa Galeria? Hehe.

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