EasyCall Communications Philippines, a former paging powerhouse owned by the Delgao family, ramped up efforts to bring reliable and efficient digital solutions with the acquisition of information technology company Transnational E-Business Solutions Inc. (TESI) early this year.
Aside from strengthening its bid to expand its reach in the country’s growing digital landscape, Easycall said the acquisition of TESI has elevated its consolidated financial performance for the first quarter.
EasyCall reported a consolidated net income of ₱8.62 million during the period, a 143 percent jump from P3.54 million last year. Service income soared 486 percent to ₱132.05 million.
“With TESI now part of the EasyCall Group of Companies, we are optimistic that we can further our vision to help companies unlock value through technology,” EasyCall president Zaki Delgado said.
Last December, EasyCall sought and received unanimous board approval to acquire 100 percent of TESI as part of its effort to accelerate long-term digital transformation capabilities and initiatives.
“When we were all facing lockdowns and restrictions that encouraged us all to work and study from home, it became more apparent that there is an urgent need to ramp up digitalization efforts,” Delgado said.
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