Originally Posted by ecureilx
i would still say, unlike other banks world wide, most, if not all PH banks are PRIVATELY Owned - i.e. one or two share holders
And with the very submissive market, why waste too much money on improving things ?
like take Smart - before you depart, you must turn on roaming, and vice versa when you get back .. why ? because the owners of Smart (again private = very very private) have no incentive to improve basic infrastructure .. after all, the majority of the clients accept things the way they are ..
Now, back to topic, I understand Prez A is in Zambo city, to avoid the fall out of the Pork story .. could it really be so ??
Smart, Sun and Talk n Text are wholly owned by PLDT which is a publically traded corporation. Globe on the other hand is a partnership btwn the Ayala family and Singapore Telecom. Pres. Aquino has been in Zambo for the past week!