Again, this is not a paid review, I just idolize this man!
I have worked for SPi Global CRM, Inc. (Formerly ePLDT Ventus) SPi is under PLDT, so I know a few things about him.
What I know is that he really takes good care of his employees. Good benefits, great experience. A lot of people would probably agree to that. I know some people who really got rich by working with PLDT, you just have to be persevering.
Okay, now to start off. I was talking to a friend of mine who loves business and he idolizes Manny Pangilinan for his great knowledge to business. He owns a lot business already in the Philippines. When I was still working for SPi, (before I forgot, SPi is the highest paying call center in the Philippines, my friend said. Also, to give you a heads up, they give 30 percent night differential! The highest among other call centers.) I have heard of his plans in buying Sun Cellular, Araneta, and MRT. Now, he owns Sun Cellular and Araneta. What’s next?!
Here’s some biography of Manny I got from Wikipedia:
Manuel V Pangilinan (born July 14, 1946 in Manila, Philippines), also known as Manny Pangilinan and MVP, is a Filipino businessman. He is the Chairman of the Philippine Long Distance Telephone Company, from 1998 up to the present. Pangilinan spent his elementary and high school days at San Beda College. He graduated cum laude from the Ateneo de Manila University with a Bachelor of Arts degree in Economics. He received his MBA degree in 1968 from the Wharton School of the University of Pennsylvania.[2] He is also the owner of ABC/TV5 network, Cignal Digital TV and Smart Communications. He was the former Chairman of the Board of Trustees of Ateneo de Manila University.
Current investments:
Pangilinan founded First Pacific in 1981 and served as its Managing Director until 1999. He was appointed as Executive Chairman until June 2003, when he was named CEO and Managing Director. Within the First Pacific Group, he holds the positions of President Commissioner of P.T. Indofood Sukses Makmur Tbk, the largest food company in Indonesia. He was named Chairman of Philippine Long Distance Telephone Company (PLDT), after serving as its President and CEO until February 2004. He also serves as Chairman of Maynilad Water Services, Inc., Metro Pacific Tollways Corporation, Medical Doctors, Inc., Metro Pacific Investments Corporation, Landco Pacific Corporation, Pilipino Telephone Corporation, Smart Communications, Inc. and Manila Metro Rail Transit System. [3]
2010 Ateneo commencement address
During the Ateneo de Manila University graduation rites on March 26 and 27, 2010, Pangilinan was invited to deliver a speech for the graduating class, after being awarded an honorary degree in recognition of his services and contributions to the University. The speeches caused controversy as various parts of them were found to have been lifted from similar graduation speeches made by Oprah Winfrey, Barack Obama, JK Rowling, and Conan O’Brien.[4][5][6] Pangilinan openly admitted to the act in a written apology to Fr. Bienvenido Nebres, SJ, President of the Ateneo de Manila University, and offered to resign from his official duties in the Ateneo out of “deep personal embarrassment.” [7] Fr. Nebres’s immediate reaction was not to accept Pangilinan’s resignation, but to defer judgment to his board.[8]
Company Ownership
Company, Position, Share, President/CEO
1. Philippine Long Distance Telephone Company (PLDT), Chairman, 100%, Napoleon L. Nazareno
2.Associated Broadcasting Company (TV5), Chairman, MediaQuest Holdings, Inc., 100%, Ray C. Espinosa
3.Smart Communications, Chairman, 100%, Napoleon L. Nazareno
4. SPi Global Inc., Chairman, 100%, Ray C. Espinosa
5. Meralco, Chairman, President and CEO, 47.6%
6. Stradcom International Holdings Inc., Chairman, ePLDT 9.5%=172.8 million
7.CURE Inc. (Connectivity Unlimited Resource Enterprise, Inc.) (Red Mobile), Chairman, 100%, Eric O. Recto
8.San Beda College, Chairman Board Of Trustees, Fr. Aloysius Maranan, OSB,
9. First Pacific[10], CEO
10.Cignal Digital TV, Chairman, MediaQuest Holdings, Inc.
11. Pilipino Telephone Corporation (Piltel) (Talk ‘N Text), Chairman, Smart Tel. 99.50%, Napoleon L. Nazareno
12. First Pacific Tollways Corporation, Chairman, Metro Pacific Investments Corporation
13. Metro Pacific Investments Corporation, Chairman, Jose K. Ma. Lim
14. Philex Mining Corporation, Chairman
North Harbor Management
The management of Manila North Harbor is under the Harbour Port Inc., a joint venture of Harbour Port Terminal Inc., of Reghis Romero II and Metro Pacific Investment Corporation of Manny V. Pangilinan.[11]
Meralco Leadership
Manny Pangilinan is planning to build an elevated highway connecting the North Luzon and South Luzon Expressways through his company, the Metro Pacific Tollways Corporation. Pangilinan-led company Metro Pacific Investment Corporation had invested in different utility companies in the Philippines such as Makati Medical Center in Makati City, Cardinal Santos Medical Center, Davao Doctor’s Hospital in Davao City, Maynilad a water utility system serving western Metro Manila and the biggest competitor of Manila Waters Incorporated a Ayala-led company which is serving the eastern part of the metro., Manila North Harbour Management, Metro Pacific Tollways Corporation, and Meralco or Manila Electric Company a Lopez-led Company which is reported that effective on July 1, 2010, Manuel V. Pangilinan is the new President and Chief Executive Officer of the company while Manolo Lopez is the chairman. MVP owns more than 40% of Meralco through PLDT/MPIC/ and Piltel Group with Ramon S. Ang, the President and CEO of San Miguel Corporation, who also has a 27% share of the company.
Manny V. Pangilinan wants a majority stake if he finally decides to accept an offer to join a group of investors that will take over the struggling Sacramento Kings in the NBA. “I have to admit, the idea is very titillating,” Pangilinan said during a recent briefing where he confirmed rumors that he had been invited to help keep alive the franchise of the financially strapped Kings. As he does with most of his business ventures, however, he said he would not settle for being a passive investor. “If we proceed, we’ll be seeking a majority stake,” said Pangilinan, who owns the Talk ‘N Text Tropang Texters and the Meralco Bolts in the Philippine Basketball Association and heads the Samahang Basketbol ng Pilipinas, the governing body in amateur basketball. “Whether we do it or not, it’s a great idea for a Filipino group to own an NBA team,” he said, adding that this would eventually open up the doors to having Filipino players or team coaches. “It’s a great tribute to the country,” added Pangilinan. He said the group of investors was organized by retired former NBA All-Star Chris Webber, who was part of the Kings from 1998 to 2005. Webber met with Pangilinan, chair of the PLDT—among other firms—during a recent trip to Sacramento, where he visited the Kings’ home stadium, the Arco Arena. He said he would need to invest between $200 million and $260 million for a stake in the Kings, and that this would be done in his personal capacity. “That’s the ballpark figure [involved],” Pangilinan said. If a deal pushes through, this will make him the first Asian to control an NBA franchise. From one of the best teams in the NBA from 2001 to 2003, the Kings slowly lost their vaunted strength, and earlier this year failed to make it into the NBA playoffs. The Kings have been suffering from financial losses in the past few years due to the team’s relatively poor performance. The team is owned by the group of California businessman George Maloof Sr., which, due to its interests in US real estate, has had its own money troubles.[12]
Additional to those mentioned above, Sun Cellular is already one of his ownership. With regard to MRT, this is the best article I could suggest:
Gov’t all set to bid out MRT 3 contract
The Aquino administration will bid out the contract to operate and maintain the EDSA Metro Rail Transit 3, according to Finance Secretary Cesar Purisima.
Still, businessman Manuel V. Pangilinan said he would continue to pursue the contract to manage the MRT 3.
Pangilinan said he has not been informed of recent developments on the government’s plans for the MRT 3, which runs the stretch of the busy EDSA from North Avenue in Quezon City to Taft Avenue in Pasay City.
Whatever these plans were, however, he said his group would continue to pursue this venture.
“I haven’t spoken with [Transportation Secretary Manuel Roxas II]. But even if they decide to do a bidding, we will still pursue the project,” Pangilinan told reporters on the sidelines of the Philippines-Korea Business Forum.
Purisima said the government would be bidding out the contract to operate and maintain the railway system. The parameters would be decided by the Department of Transportation and Communications (DoTC).
“That’s already been approved for bidding,” Purisima said.
In an earlier interview, Roxas said the government was studying Metro Pacific Investments Corp.’s $300-million proposal to improve the facilities of the EDSA MRT as a viable alternative to help the government save money.
This also ran parallel with the government’s thrust to privatize major infrastructure projects.
The DoTC, however, was also considering spending for the rehabilitation and upgrade itself. This would entail an investment of P4.5 billion, to be taken from government coffers, to buy 26 new trains for the EDSA railway line.
The DoTC would be making a recommendation to President Aquino regarding the matter.
The EDSA MRT-3 has a capacity of 350,000 passengers a day, but about half a million people ride the system daily. This overcapacity has led to the frequent breakdown of trains and discomfort of passengers.—Abigail L. Ho SOURCE
I hope this can help your homework, research or just plain curiosity. Have fun!
Ronald says
YES, you mention about how he take cares of his employees, but what about the clients of his companies?
A LETTER TO MVP:
I am calling your attention to please resolve my problem regarding my SMARTBRO WIMAX. Since i apply last year, i am getting a 0.95mbps of average download speed.. but what happen since MAY 2012, my download drop to 0.3mbps up to this present date? I been trying to call the *1888 hotline, but all those folks their are incompetent, they don’t even solve my problem, at kung ano anu pa ang pinapagawa na troubleshooting, wala namang epekto, i thought this is SMART, not DUMB. since then everytime tatawagan ako sa hotline ang dami ng report number ang ginawa, wala namang pagbabago. FROM report numbers 387678443, 387732589, 389191711, 389194627, 389570600, 389657971, 395804702, 397624111, 398367512, 387531320, 398619608. I don’t think na aabot pa sa ganitong level yung reports ng subscriber, if i am satisfied with the right amount of money that i am paying to your company. I HOPE YOU CAN LOOK ON THIS MATTER, if not we are all 48 wimax subscribers in the area WITH THE SAME PROBLEM, if no development yet, we can abandon our plan anytime BECAUSE WE ARE REALLY ANNOYED WITH THE SERVICE WE GET OUT OF THE RIGHT AMOUNT OF PAYMENT WE MADE FOR THAT SERVICE. THANK YOU.