INFORMATION Capital Technology Ventures Inc. said it has entered an agreement with a Chinese telecom firm and Next Mobile Inc. for future ventures.
In a disclosure to the Philippine Stock Exchange, ICTV said it entered a Memorandum of Understanding with Huawei International Pte. Ltd., Huawei Technologies Inc. and Next Mobile.
“The parties desire to explore the possibility of entering into a business relationship which will allow each party to provide its respective contribution in order to attain the common purpose of implementing Next Mobile’s nationwide build-up plans,” ICTV said.
The company earlier said it would set aside P30 million to P40 million in the next two years for capital expenditures in connection with the launch of new products and services.
At present, the company is constructing an ICT Data Center Infrastructure to establish its “cloud computing” capability. The project is scheduled for completion on the third quarter of the year. The facility will drive the introduction of the company’s high-value open-source and proprietary applications in the virtual world.
ICTV is also investing in the development of online and mobile games and e-commerce through ThumbMob and EHR/EMR System through a planned partnership with Rochart International Inc.
The tie-up is eyeing the establishment, operation, marketing and administration of a Philippine healthcare services holding corporation to be called International Healthcare Corp.
Published : Saturday February 04, 2012 | Category : Nation | Views : 290
By : NEIL A. ALCOBER CORRESPONDENT
The United Nations (UN) and its humanitarian partners on Friday issued the second emergency revision of the Humanitarian Action Plan for Mindanao, as hundreds of thousands of people in the southern Philippines are in dire need of help one month after devastating floods, but a global appeal for aid has... Read more
Published : Saturday February 04, 2012 | Category : Nation | Views : 268
By : LARRY MADARANG
THE City of Baguio may face contempt charges for violation of a Supreme Court order over a writ ordered on the city’s Irisan dumpsite. Read more
Published : Saturday February 04, 2012 | Category : Nation | Views : 270
By : ERNIE B. ESCONDE
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Published : Saturday February 04, 2012 | Category : Nation | Views : 148
By : NEIL A. ALCOBER
Residents of Siaton, Negros Oriental have discovered gold in their town but the Department of Environment and Natural Resources (DENR) has stopped the gold rush, saying it is too dangerous for anyone to continue mining for the precious metal. Read more
Published : Friday February 03, 2012 | Category : Nation | Views : 2746
By : JOHN CONSTANTINE G. CORDON REPORTER
IT took a feminine sense of fairness for Ombudsman Conchita Carpio-Morales to hear anew the complaint against a former high-ranking provincial officer of the Philippine National Police accused of assaulting the wife of another police officer—four more women police officers have also complained of being raped by the suspect. Read more