Emvi: New Kid On
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November 2007 LAA ACCEPTING NOMINATIONS The LAA sixth cycle is now open for nominations! Let your outstanding teams or colleagues earn the reward and recognition they truly deserve. Nominate them for the 2007 Lopez Achievement Award for achievements completed between November 2006 and Available online at www.benpres-holdings.com December 2007. Details on page 4. eMVI: New kid on Survey says… the fiber optic block MARtin “MarK” L. Lopez of e- part of his time, being still head of was the maximization of the new fiber readers mas gusto Meralco Ventures Inc. (eMVI) throws Meralco’s fledgling information and optic assets. out mysterious-sounding words such communications technology (ICT) “We made sure to put a bigger na ng Ingles?…p. 4 as SDH, Ethernet and STM in the group. capacity on fiber optics because of conversation, which make the dapper According to Mark, Meralco the minimal incremental cost. We had executive sound like a nerd or worse, started building its own fiber optic built a bigger pipe, as we call it, so a spy. Pressed for “layman’s terms” network in 1998 that would allow it we ended up with a lot of capacity,” for what the young company he heads to link its offices and manage its sub- explains Mark. really does, he laughingly comes up stations better without relying on the ICT vehicle with a killer: “[In terms of water]...We existing networks of telecommunica- After another two years, Meralco install the pipes and let other people tions companies. Then, in 2000, the was able to put together the business resell the water.” company started looking for opportu- model and put into gear the plans for We are in one of the confer- nities outside of its core business of eMVI, which would resell the excess ence rooms in the Business Solu- power distribution. One of the things capacity to outside clients as the ICT tions Center, where eMVI is head- that a study conducted by management quartered, and where Mark spends consulting firm McKinsey pointed to Turn to page 6 Mga sikat, pumasok na sa Bahay ni Kuya!…p.5 Kapamilya gift ideas…p.9 Team eMVI with president and CEO Mark L. Lopez and the management team (in front) at their headquarters in the Business Solutions Center. 2 LOPEZLINK November 2007 LOPEZLINK November 2007 3 Bayan success story as fairytale update FPHC raising funds and capital A real-life A SPECIAL stockholders’ stock of FPHC will be increased The planned issuance of investments in infrastructure, and Investment Corporation is ownership of Union Fenosa In- Something ‘kakaiba’ meeting was held to ratify the to P32 billion from P12.112B. preferred shares will be used manufacturing and property, the lead arranger and sole book ternacional, S.A. through First superhero board of directors’ approval This will be done through the for various corporate purposes, and the refinancing of existing runner for the facility. Philippine Union Fenosa and Together with Bayan Telecommuni- of an amendment to Article 7 creation of 200 million preferred which may include increasing debts. The loan proceeds will the 6.6% direct ownership of the cations (Bayan), funnyman Vhong of First Philippine Holdings shares with a par value of P100 the company’s stakes in core FPHC is also finalizing a dual be used, among other things, Meralco Pension Fund. These Navarro is out to save the 90% of Corporation’s (FPHC) articles per share. The amendment will investments such as Meralco, tranche floating rate note facility to complete the purchase of will increase FPHC’s direct and at the MAP confab Filipinos who are frustrated with of incorporation. be filed with the Securities and First Gen Corporation and amounting to at least $220M or additional stakes in Meralco indirect ownership to 33.4% of their landline service. “My first Under the proposed amend- Exchange Commission (SEC) Manila North Tollways Corpo- its peso equivalent. BDO Capital consisting of the 9.1% indirect Meralco. (Nicole Carlos) CHIEF executive consultant “We wanted to bring some- practices: never let your eyes be- mission is to save all Filipinos ment, the authorized capital for approval. ration (MNTC), new strategic Tunde Fafunwa underscored thing different, something truly come bigger than your ears and dissatisfied with their current Bayan Telecommunications’ kakaiba. Then we thought, even be sure to use language that oth- telecom company,’” (Bayan’s) out-of-the-box busi- CEOs like fairytales right?” he ers can hear. The maverick telco says Navarro. To ness practices in a success story said. said that in order to really listen, help Navarro, Bayan disguised as a fairytale before a Fafunwa’s story began with a a wise businessperson remains has equipped him gathering of local and interna- vision of building a bridge to con- silent while another is speaking, with the bayanWIRE- tional chief executive officers nect “Humphrey the CEOgre’s” making sure that no idea falls on LESS landline (BWL) (CEOs). kingdom to the land of the fairies deaf ears. service, which offers the convenience of a regular SkyCable previews and how he overcame setbacks— But to Fafunwa, the most landline in a variety of phone units. Its unlimited calling feature Fafunwa was one of the PHOTO MANDY BY NAVASERO speakers during the 6th Manage- like slow construction and his la- important moral lesson of all is not only for BWL-to-BWL calls nationwide, but also extends to ment Association of the Philip- bor “ogreforce” becoming unmo- is: “Whenever you are facing other networks within the same area code. pines (MAP) International CEO tivated by the minute—through communications challenges, Conference held at the Rizal his magic “blobble.” remember, a Bayan ‘blobble’ new channels Ballroom of the Makati Shangri- The tale underscored busi- is always nearby.” (John bayanWIRELESS landline at SKYCABLE reinforces its po- ing women will rave about while Gold subscribers will find Bayan’s Tunde Fafunwa. La. ness practices that Bayan also Rojo) work sition as the country’s leading the new chic channel, Velvet, more kid-friendly programs from ABS-CBN Broadcasting Corp. utilized Bayan’s BWL service to re- cable service provider with a which features “The View,” leading animation studios in Kids- port on the national elections in May. With the BWL’s limitless calls new and diverse programming “Good Morning America” and Co. Finally, there’s FoxCrime, the capability, those on the campaign trail couldn’t escape the questions lineup scheduled to go on air “E! news Weekend.” most popular channel for mystery AEI opens first satellite clinic in TriNoma of hard-hitting ABS-CBN news reporters. BWL also helped the beginning January 1, 2008. For action-seekers, there’s and suspense TV series fanatics. Marikina local government keep things running smoothly by giving A preview of these new Balls, the definitive channel for At the same time, SkyCable “WE went right in the direction The TriNoma clinic offers the employees access to landline calling even while on the move. This enabled City Hall to talk to its working arms without worrying channels is available on Chan- sports buffs featuring popular subscribers can still enjoy Cin- where the compass needle always general eye consultations, diagno- nel 33 until November 6. Start- sports specials and other nontra- ema One, HBO, Cinemax, Star points: north.” sis and management of diseases, about large phone bills. (John Rojo) ing November 7 until December ditional games. Complementing World, AXN, Star Movies, ANC, With these words, Oscar M. screening for Lasik and pediatric 31, the 24/7 previews can be Lopez (OML), chair of the Lopez eye care. Clinic hours are from 10 Balls is the testosterone-fuelled Hallmark, ESPN, Star Sports, Na- Group, formally inaugurated the a.m. to 6 p.m., seven days a week, seen on Channel 25 for Velvet, Maxxx, the channel suited for tional Geographic Channel and new satellite clinic of the Asian with at least one in-clinic ophthal- Channel 33 for Balls and Chan- today’s mature men. many more. Eye Institute (AEI) in TriNoma in mologist daily. nel 61 for Maxxx. Due to insistent subscriber de- With the entry of its new six Quezon City. The AEI Main Clinic in Among the highlights of the mand, SkyCable is strengthening channels, SkyCable will no lon- Meralco, Pasay City join forces for public safety OML founded the world-class Rockwell offers the same array new lineup is AXN Beyond, a its kids block. The Disney Chan- ger carry Basketball TV, Solar Meralco chairman and chief executive officer Manuel M. Lopez (second from right) and Pasay City eye center in 2001 with U.S.-based of services, as well as oculoplas- spin-off of the action-adventure nel will soon be available also Sports, ETC, 2nd Avenue, Jack Mayor Wenceslao Trinidad (third from right) join hands to seal a memorandum of agreement (MOA) to Filipino ophthalmologist Felipe tic and eyelid surgery, low vision channel AXN. Forward-think- to SkyCable Silver subscribers, TV and Crime/Suspense. eliminate electricity pilferage and electricity-related accidents in the city. The MOA is part of Meralco’s Tolentino, who was at the occasion and visual rehabilitation, contact intensified campaign for the safety and welfare of Pasay City residents and for lower systems loss together with Quezon City Mayor lens service and an optical dis- within its franchise area. Meralco has consistently promoted the general welfare and safety of the public Feliciano Belmonte Jr. pensary. by ensuring an accident-free environment. Also in photo are (from right) Meralco president and chief “The institute’s first satellite All surgeries are done in AEI operating officer Jesus P. Francisco, Pasay City administrator Atty.