NOVEMBER 2016 ISSUE
www.telescoop.com.ph
TELESCOOP Celebrates its 40th Anniversary The PLDT Employees Multi-Purpose Cooperative (TELESCOOP) celebrated its 40th year of existence last June 17, 2016.
This was highlighted by a Thanksgiving Mass officiated by Rev. Fr. Ramon Merino held at the 6th Floor, PLDT Cooperatives Building. From a meager capital of Php30,000.00 on June 18,1976, contributed by twenty-eight (28) Founding Members, TELESCOOP has evolved to be a member of the elite group of billionaire cooperatives in the Philippines. TELESCOOP was established as a Service Cooperative to address the sky-rocketing prices of goods and services at that time to make it affordable to PLDT employees/members brought about by the devaluation of the Philippine Peso by establishing direct business partnerships with manufacturers and suppliers.
IN THIS ISSUE
EdCom Reports 2016 Three (3) Quarter Accomplishments Page 2
TELESCOOP Bags Koopbida Outstanding Coop Awards Page 3
TELESCOOP Staff during the 40th Anniversary celebration at Eduque Office.
After forty years, TELESCOOP’s Total Assets now stand at Php 2,130,487,540.00 (Two Billion One Hundred Thirty Million Four Hundred Eighty Seven Thousand Five Hundred Forty Pesos) and 6,437 memberstrong from PLDT Inc. and its Subsidiaries and Affiliates as of December 31, 2015.
Let us congratulate ourselves for this achievement and we look forward to a continuous and sustainable asset build-up in the coming years. tiba!
Mabuhay ang ating KooperaMABUHAY ANG TELESCOOP!
2016-17 TELESCOOP Officers Inducted into Office
The new set of TELESCOOP Officers for 2016-2017 were sworn into office during its Induction Rites held last July 12, 2016 at Makati Sports Club in Salcedo Village, Makati City. formed because of the needs of its Inducting Officer and Guest of Honor constituencies during the time when prices was PLDT’s First Vice President and Home were very high for goods and services. Operations Head, Mr. Oscar “Renren” Reyes, Jr.. In his remarks, he hailed TELESCOOP o Forty years later, your for always attending to its members’ Cooperative has maintained its relevance needs and adapting to the changing times. amidst different challenges and changing market conditions. We have to cater to In his inspirational message, our members’ needs that are important to he put emphasis on the following: •
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