Company Profile

Liberty Telecoms Holdings, Inc. (LIB) was incorporated on January 14, 1994, and designed primarily to be the holding company for Liberty Broadcasting Network, Inc. (LBNI) and Skyphone Logistics, Inc. LIB was listed as a public company at the Philippine Stock Exchange on October 17, 1994. 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, LIB is currently taking steps for the commercial launch of its telecommunications services, most specially its wireless broadband services. Source: SEC Form 17-A (2008)