Philippines: PCC investigation into PTCI and Globe merger
Progress
Current status
concluded
05 Jan 2023 concluded
Scope
Implementers
Philippines
Policy Area
Competition
Policy Instrument
Merger control regulation
Regulated Economic Activity
infrastructure provider: internet and telecom services
Government Branch
executive
Government Body
competition authority
Implementation Level
national
Timeline of events
Closed PCC investigation into PTCI and Globe merger
On 5 January 2023, the Philippine Competition Commission (PCC) closed its investigation into the proposed acquisition by Phil-Tower Consortium Inc. (PTCI) of approximately 1,350 tower assets from Globe Telecom, Inc. (Globe). The transaction, execute…
SourceEvent type
investigation
Action type
closure
Government branch
executive
Government body
competition authority