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Local government mandated the merger of five small airport services providers. Manila Integrated Airport Services Corporation (MIASCOR) was formed.
Isla Communications (ISLACOM) was founded. Pioneered the GSM cellular service in partnership with Deutsche Telekom.
A joint venture with Gate Gourmet and Malaysia Airlines formed MIASCOR Catering.
Islacom was sold to Globe Telecom. MIASCOR Ground Handling sold a minority stake to Swissport.
Prospector, a new subsidiary, acquired Micronesia Telecommunications Corporation (MTC) from Verizon.
Brought Sumitomo Corporation in as partner through sale of minority stake in MTC.
Acquired Yellow Pages Guam.
Acquired IT&E. First to invest in a 3G network and grabbed the no. 1 spot in mobile from NTT Docomo.
Acquired the entire Liquefied Petroleum Gas (LPG) business of Pilipinas Shell Petroleum Corporation with minority partner ITOCHU.
Majority stake in SOS with partner Newrest.
Acquired DFS Galleria Palau.
OTPP became a minority shareholder at CITADEL Pacific Ltd.
SK Telecom invested minority stake in IT&E to grow 5G business
Acquired ExxonMobil’s Hong Kong & Macau LPG business, now renamed as IP&E GBA
Acquired ISS Philippines, an integrated facilities management services provider, now renamed as XISCO
Acquired minority stake in Solenergy, a leading Philippine solar engineering, procurement, and construction (EPC) provider
Entered into a joint venture with Turbidite to form Turbidite Guam, providing facilities for data center operations
Acquired Newrest shares in SOS