BayanTel to seek partnership with VAS providers (Philippines)

By Editor on September 8, 2009 · Leave a Comment

BayanTel is looking for a domestic value added service (VAS) providers rather than looking for a strategic investor to help out the loss-making telco. CEO of ByanTel Tunde Fafunwa reportedly said the new business plan is expected to shore up phone firm’s position in the broadband sector. â€˜We are more focused on partnership with service providers. Together, we can come up with new products and services. A lot of things are happening in the market, particularly in the area of content and media. Cooperation and partnerships are definitely going to be more evident in the future,’ he added.

Earlier, BayanTel CEO said the company was open to a possible sale with another entity, be it foreign or local. There were unconfirmed talks that BayanTel could be the next target of Philippine Long Distance Telephone (PLDT), which has acquired an indirect stake in Manila Electric Company, another Lopez-controlled firm, through a group affiliated to Manuel V Pangilinan, chairman of the country’s largest phone firm.

www.WirelessFederation.com/news: BayanTel is looking for a domestic value added service (VAS) providers rather than looking for a strategic investor to help out the loss-making telco. CEO of BayanTel Tunde Fafunwa reportedly said the new business plan is expected to shore up phone firm’s position in the broadband sector. â€˜We are more focused on partnership with service providers. Together, we can come up with new products and services. A lot of things are happening in the market, particularly in the area of content and media. Cooperation and partnerships are definitely going to be more evident in the future,’ he added.