Infrastructure

Paris, France - September 17, 2014 - Alcatel-Lucent (Euronext Paris and NYSE: ALU) and Globe Telecom (PSE: GLO)have today signed a confirmation of award for the transformation of wireless network infrastructure in the Philippine regions of Visayas and Mindanao, upgrading it from WiMax to LTE-TDD and LTE-FDD ultra-broadband access technologies.

Light Rail Manila Corporation (LRMC) today signed together with the Department of Transportation and Communications (DOTC) and the Light Rail Transit Authority (LRTA) the concession agreement for the P65-billion Light Rail Transit Line 1 Cavite Extension and Operations and Maintenance Project.

AC Infrastructure Holdings Corporation and Aboitiz Land, Inc., members of the Team Orion (Orion) consortium that submitted the highest complying bid for the Cavite-Laguna Expressway Project, together filed with the Office of the President a Comment on the Memorandum of Appeal put forward by Optimal Infrastructure Development, Inc. (Optimal) last June 27, 2014.

At its annual stockholders’ meeting held today, Ayala Corporation Chairman and CEO Jaime Augusto Zobel de Ayala announced that the Ayala group plans to spend P187 billion in capital expenditures in 2014. This is a record amount of investments for the group, surpassing the previous year’s P128 billion. The bulk of this will support Ayala Land’s expansion, Globe Telecom’s on-going network improvements, and Manila Water Company’s service improvements, as well as to fund the conglomerate’s expansion in power and transport infrastructure.

Manila, Philippines – The AF Consortium of conglomerates Metro Pacific Investments Corporation (MPIC) and Ayala Corporation (Ayala), composed of AC Infrastructure Holdings Corporation, the infrastructure arm of Ayala, BPI Card Finance Corporation, Globe Telecom, Inc., Meralco Financial Services Corporation, MPIC and Smart Communications Inc., received by electronic mail a copy of the Notice of Award after close of business hours last 30 January 2014 from the Department of Transportation and Communications (DOTC) declaring it the winning bidder for the P1.72-billion contactless Automatic Far

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