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Liberty Telecoms Holdings, Inc (LIB)

Liberty Telecoms Holdings, Inc. (LIB) was incorporated on January 14, 1994 primarily to be the holding company for wi-tribe Telecoms, Inc. (WTI), formerly Liberty Broadcasting Network, Inc. (LBNI), and Skyphone Logistics, Inc.
In April 2005, the management of LIB decided to suspend its business operations due to lack of capital required to operate and grow the business. In August 2005, the group of companies filed with a Regional Trial Court in Makati City a petition for corporate rehabilitation as part of LIB's plan to resolve and to continue normal operations. On December 12, 2006, the Court approved the Revise Rehabilitation Plan of LIB.

The products and services of LIB as offered by LBNI includes telecommunications services that range from nationwide telephone service to data communications, inter-exchange carrier services and international voice and data connectivity services. While the commercial offering of these services has been suspended since 2005, WTI implemented a soft commercial launch of its wireless broadband service, branded as "wi-tribe" in February 2010.
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"Liberty Telecoms Holdings, Inc (LIB)" was written by Mary under the Business category. It has been read 1274 times and generated 0 comments. The article was created on and updated on 19 March 2012.
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