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PLDT nets P3.8 billion in Q3

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.

PLDT gets $1M training grant from USTDA

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.

PLDT, Smart eye bigger customer base with Davao converged stores

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 to conduct consent solicitation exercise

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.

PHL telcos seen to sustain revenue growth this year

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 profit increases 13% in Q2

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

Smart inks deal with common tower providers

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

PLDT-Smart expands with new lifestyle hub in Quezon City mall

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

PLDT, Globe’s rating differential to narrow — Fitch

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’s NCR subscribers to migrate to 8-digit landline numbers by October

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

PLDT delays 5G service launch to next year

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.

PLDT seen to withstand competition from 3rd telco

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.

A valuable leader

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...

The foundations of a historic and credible media empire

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...

Providing world-class connectivity

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, Smart provide fastest internet connections in Philippines — Ookla

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.

A growth enabler

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...

Ateneo set to be PHL’s 1st ‘Smart 5G campus’

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 to redevelop Makati offices, sell Smart Tower

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 says on track to meet core income target

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.

OUTLIER: Investors load up on PLDT shares on expectations of sustained...

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

PLDT expects core income to hit P26B this year

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.

Search for PLDT president, CEO continues

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

Panlilio set to return to PLDT group

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 taps Cisco to upgrade IP transport network

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.

PLDT Enterprise teams up with GritXL

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 allots record P78-billion capex for 2019

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.

Duterte vents on PLDT hotline, company assures action

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.

Google Stations rolled out in PHL

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.

Bullish PLDT to increase capex for 2019

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

PLDT, GMA team up for digital television

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.

DICT seeks mandatory unlocking of devices for postpaid users

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.

PLDT closes IFC’s $40-M investment in Voyager

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.

Tencent, KKR complete $175-M investment in PLDT’s Voyager

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.

PLDT’s Voyager gets $40-M investment from IFC

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: 3rd player not a threat yet

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 to launch 5G cell site in Clark

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 Enterprise, Solaire expand partnership

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

PLDT inks deal with foreign firms for Voyager

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 expands deal with Amdocs

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’s Voyager sale to be finalized by end-Sept.

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.

PLDT supervisors’ union file notice of strike

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 denies seeking compromise agreement with DoLE

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 downgrades PLDT rating

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, Smart on track to meet data service targets

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.