Chelsea Logistics Holding Corp. may enter the race to become the country’s third major telecommunications player after its top official admitted to entertaining the idea on Wednesday. In an e-mail to The Manila Times, Chelsea Logistics President and CEO Chryss Alfonsos Damuy said the Dennis Uy-led company was not closing its doors on the race. “We are open to any possible opportunity that will add value to the company or [our]shareholders, and is aligned [with]our business,” it added. As the company is thinking of entering the telco sector, it also seeks to explore opportunities in power and other utilities, Damuy said. “[W]e are studying as to what segment of these utilities are aligned [with]our business and would [offer]better synergy,” he added.

Source: Manila Times March 21, 2018 16:52 UTC