EasyCall pays P14.82M in arrears to NTC

By Lennie Lectura

EASYCALL Communications Philippines Inc. (ECPI) has settled its P14.82-million arrears with the National Telecommunications Commission (NTC) on June 30, according to Renato Vicente Martinez, ECPI general manager.

In a disclosure,  Martinez said the amount was based on a reassessment made by NTC based on the company’s 2003-2007 annual reports.

“The NTC sent us a letter on June 26 requiring us to settle our supervision and regulatory fees [SRF] as of June 30,” Martinez said.

ECPI had earlier asked the NTC to cancel its SRF arrears because the paging industry has been losing due to the competition posed by cellular- phone companies’ text-messaging business.

Martinez said that with the closure of its paging operations in 2002, the ECPI no longer had telecommunications operations subject to NTC’s regulatory supervision.

Contact center opens school for call agents

US Performance Consulting Group and Transnational Diversified Group (TDG) of the Philippines said Tuesday their joint-venture contact center, ePerformax, will conduct in-house training for call-center applicants in its Global Communications & Management Academy (GCMA).

Airbus exec offers A380 to PAL, Cebu Pacific

European aircraft manufacturer Airbus is inviting Philippine Airlines (PAL) and Cebu Pacific Air (CEB) to join the 17 international airlines that have already placed their orders for A380, which the company described as the most advanced, spacious and eco-efficient airliner in service today.

Sorianos get P642M for Phelps sale

A.SORIANO Corp., the listed holding company of the Soriano family with highly diversified investments, is selling some of its holdings in Phelps Dodge Philippines Inc. (PDPI) to General Cable Co. (GCC) of Canada for P641.5 million (roughly $15 million).

EASYCALL Communications Philippines Inc. (ECPI) has settled its P14.82-million arrears with the National Telecommunications Commission (NTC) on June 30, according to Renato Vicente Martinez, ECPI general manager.

IBM inks BPO deal with Bristol

Computer manufacturer IBM yesterday announced that it signed a 10-year, $324-million Business Transformation Outsourcing (BTO) agreement with Bristol-Myers Squibb to transform and support the company’s global human resource (HR) functions. The contract will allow Bristol-Myers Squibb and to provide flexible and available HR services to enable its employees worldwide to access information and services wherever they may be.

The Corporate Corner: Corporate management under exceptional circumstances

ALMOST universally, the management of a corporation is vested by  general statute or charter provision in the board of directors or trustees. In such case, the powers so vested in the directors must be exercised by them, and cannot be exercised by the stockholders (5 Fletcher, Cyc. Corp., 1976 rev. vol., sec. 2097, at 401). Section 23 of the Corporation Code provides that unless otherwise provided in the said Code, the corporate powers of all corporations formed shall be exercised, all business conducted and all property of such corporations controlled and held by, the board of directors or trustees to be elected from among the holders of stocks.