Tag: PLDT

PLDT, Inc. saw its attributable profit drop by 16% in the third quarter, as higher revenues from its wireless business were weighed down by lower earnings from its fixed-line and other businesses.

BANGKOK — The US Trade and Development Agency (USTDA) is supporting PLDT, Inc.’s preparations for the rollout of its fifth generation (5G) network by providing the telecommunications giant with a $1-million (around P50.5 million) training grant.

DAVAO CITY — PLDT, Inc. and its wireless unit Smart Communications, Inc. have opened two converged stores here with an aim to grow their respective customer base, especially in the postpaid segment.

PLDT, Inc. is seeking to amend the terms of its seven-year and ten-year fixed-rate bonds to help it gain flexibility in raising its budget for capital spending.

FITCH Ratings expects the two major telco companies in the Philippines to book mid to high single-digit revenue growth for full year 2019, amid stabilizing competition between the two players.

PLDT, Inc. reported a 13% increase in earnings in the second quarter, as its consumer wireless business showed strong growth.

PLDT, Inc. wireless unit Smart Communications, Inc. said Wednesday it has joined other network providers in signing deals with common tower companies.

PLDT, Inc. and its wireless unit Smart Communications, Inc. is expanding physical presence in the north with a new lifestyle hub in Quezon City.

THE credit rating margin between rivals Globe Telecom, Inc. and PLDT, Inc. is expected to narrow in the next 18 months, as the Ayala-led telco shows improved cash flows.

PLDT, Inc. will be migrating to eight-digit landline numbers for subscribers in Metro Manila and nearby towns starting Oct. 6.

PLDT, Inc. and its wireless unit Smart Communications, Inc. are unlikely to launch fifth generation (5G) network services by yearend, as the telco giant is still searching for a technology partner.

S&P GLOBAL Ratings affirmed the “BBB+” long-term issuer credit rating of PLDT, Inc. as it anticipates the telco giant to “remain largely unchanged” in the near-term despite the threat of a new major telecommunications player.

Manny V. Pangilinan: The MVP of Filipino sports and business In the Philippine business landscape, Manuel V. Pangilinan, more popularly known as MVP, is one...

As one of the country’s most prominent businessmen, Manuel V. Pangilinan has his interests in many of the Philippines’ most important industries. From the...

Telecommunications has become one of the lifeblood of the modern world. It happened to be the driving force behind massive changes and multitudinous advances...

PLDT, Inc. and its wireless unit Smart Communications, Inc. provided the fastest fixed and mobile internet speeds in the country during the first half of the year, according to Ookla.

Passion and Philosophy: Atty. Ray C. Espinosa Before Ray C. Espinosa assumed the position of president and chief executive officer (CEO) of the country’s biggest power...

PLDT, Inc.’s wireless arm Smart Communications, Inc. on Thursday said it has inked a memorandum of understanding (MoU) with the Ateneo de Manila University for the development of next-generation applications and services that will run on Smart’s 5G wireless network.

PLDT, Inc. said it is pushing through with its plan to redevelop two offices and sell Smart Tower in Makati City, and to replace them with a new office building.

PLDT, Inc. said it is on track to achieve its telco core income guidance of P26 billion this year, even hinting at the possibility of exceeding this target, as the company sees continuous growth in its wireless business.

INVESTORS bought PLDT, Inc. shares last week given the attractiveness of the company’s growth prospects.

PLDT, Inc. is optimistic it can hit the P26-billion target for telco core income in 2019, after posting a six percent growth in the first quarter.

PLDT, Inc. Chairman Manuel V. Pangilinan said the search for a new president and chief executive officer (CEO) may take longer.

PLDT, Inc. and its wireless unit Smart Communications, Inc. announced on Thursday that Alfredo S. Panlilio will be returning in July as its chief revenue officer.

PLDT, Inc. announced on Thursday it is tapping technology provider Cisco Systems, Inc. for the digital transformation of its IP transport infrastructure, which will support the telco’s preparation for fifth generation (5G) network.

THE ENTERPRISE business of PLDT, Inc. has been tapped by local company GritXL to provide broadband connection for the latter’s building in Morong, Rizal.

PLDT, Inc. is allocating a record P78.4 billion in capital expenditures (capex) for this year, 34% higher than last year’s figure, as the telecommunications giant ramps up its network expansion amid the impending entry of a new player.

PLDT Inc. on Tuesday issued a statement in response to President Rodrigo R. Duterte’s remarks last Sunday that he will “shut down” the company if it cannot set up more trunklines to accommodate citizens’ complaints.

TECH GIANT Google has partnered with PLDT, Inc. and its wireless subsidiary Smart Communications, Inc. for the establishment of “open, free and high quality Internet access” in 50 locations around the country.

PLDT, Inc. is optimistic for 2019, as it readies a bigger capital expenditure (capex) budget to further expand its network.

PLDT, Inc. and wireless unit Smart Communications, Inc. are working with GMA Network, Inc.’s New Media, Inc. (NMI) to assist the television network in its digital transformation.

THE DEPARTMENT of Information and Communications Technology (DICT) is seeking to implement a policy requiring telecommunications companies to unlock mobile devices after a lock-in period.

INTERNATIONAL Finance Corp. (IFC) and IFC Emerging Asia Fund has completed their $40-million investment in Voyager Innovations, Inc., according to the tech company’s parent PLDT, Inc.

CHINESE tech company Tencent Holdings Ltd. and investment firm Kohlberg Kravis Roberts & Co. (KKR) on Wednesday completed its $175-million investment in Voyager Innovations, Inc., according to PLDT, Inc.

THE World Bank’s sister organization International Finance Corp. (IFC) and IFC Emerging Asia Fund are investing $40 million in PLDT, Inc.’s technology unit Voyager Innovations, the telecommunications giant said on Monday.

PLDT, Inc. said on Thursday it does not expect an immediate significant impact from the entry of a new major telecommunications player, as it would take several years for the latter to establish its network.

PLDT, Inc., Smart Communications, Inc. and Ericsson will fire up the country’s first fifth generation (5G) cell site in Clark, Pampanga within the month.

PLDT, INC.’s enterprise business is expanding its partnership with Solaire Resort and Casino.

PLDT, Inc. announced on Thursday it has signed an agreement to sell separately $175 million worth of shares in its digital innovations unit Voyager Innovations, Inc. to a group of foreign investors led by investment firm Kohlberg Kravis Roberts & Co. (KKR) and Chinese tech company Tencent Holdings Ltd.

PLDT Inc. said on Friday it signed a new agreement with US-based Amdocs to manage and automate the telecommunications giant’s information technology (IT) operations.

PLDT, Inc.’s sale of Voyager Innovations to foreign investors has now advanced to the next stage, with the finalization of the deal’s term of reference set before the month ends.

THE SUPERVISORS’ union of PLDT, Inc. (PLDT) yesterday filed a notice of strike against the telecommunication firm’s alleged unfair labor practices as they held a protest outside the Department of Labor and Employment (DoLE) main office in Manila.

PLDT, Inc. denied on Monday reports it is seeking a compromise agreement with the Department of Labor and Employment (DoLE) on its dispute over regularization of employees of the telecommunications giant’s service contractors.

FITCH RATINGS on Tuesday said it downgraded PLDT, Inc.’s long-term foreign- and local-currency issuer default rating (IDR) to “BBB” from “BBB+,” as it embarks on an aggressive capital expenditure (capex) program amid the government’s push for a third telecommunications player.

PLDT, Inc. and wireless subsidiary Smart Communications, Inc. said the group is on track to meet its 2018 targets for the expansion of fixed and wireless networks in the country.