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Retelcom owns Philippine Telephone & Telegraph Co. (PT&T), Capitol Wireless (Capwire) and Philippine Wireless,  Inc.  ( Pocketbell ).   This  telecom  holdings

company is a local exchange carrier and has an international gateway facility and a paging operation. Its business partners includes Korea Telecoms, the largest telephone company in Korea. Mr. King and his partners in A2 (one of the shareholders of Retelcom) own 20%. Retelcom has a paid-up capital of Php2.35 billion.