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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. 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.
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...
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.
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.
INVESTORS bought PLDT, Inc. shares last week given the attractiveness of the company’s growth prospects.
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.
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.
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, 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.
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.’s wireless subsidiary Smart Communications, Inc. said its rollout of fifth generation (5G) technology is set for the first half of 2019 as it ties up with Ericsson.
A GROUP of foreign private equity investors is looking to acquire a majority stake in Voyager Innovations, Inc., according to PLDT Chairman, President and CEO Manuel V. Pangilinan.
The labor department said that it will assist the 7,000 contractual workers of PLDT Inc. (PLDT) through a emergency employment program. "In the meantime, as...