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MVP gives up on GMA 7

Philippine Long Distance Telephone Co. (PLDT) has no plans of renewing an offer to acquire a stake in television broadcast firm GMA Network Inc., which is currently being courted by businessman and PLDT rival Ramon S. Ang of San Miguel Corp.



The Professional Regulation Commission, pursuant to Section I, Article II of Executive Order No. 496, Series of 1991, which reads…

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