Tag: PLDT

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.

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.

PLDT, Inc. is partnering with the United Nations Children’s Fund (UNICEF) to support children’s welfare in the conduct of its business operations.

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...

THE SENATE Committee on Labor, Employment and Human Resources Development is seeking an inquiry into regularization issues of employees from PLDT Inc. (PLDT) and Nutri-Asia Inc. (NutriAsia).

PLDT, Inc. is expecting progress in its talks with partners for its digital innovations unit Voyager Innovations, Inc. in weeks’ time.

PLDT, Inc. and its wireless subsidiary Smart Communications, Inc. obtained the top scores in Ookla’s speed testing study covering the the first half of the year.

Manny V. Pangilinan is one of the biggest names in the Philippine business scene, whose initials stand for the most-sought after award in a...

For nearly a hundred years, PLDT has established itself as the leading telecommunications service provider in the Philippines, proving itself a venerable national institution...

THE Department of Labor and Employment (DoLE) on Wednesday reiterated that telecommunications giant PLDT, Inc. should regularize the contractual workers of its service providers.

PLDT, Inc. on Monday denied it had terminated service contracts with agencies in order to avoid complying with the Department of Labor and Employment’s (DoLE) order to regularize its contractual workers.

PLDT, INC. is looking to fire up its submarine cable link connecting the Philippines to three continents within the third quarter of the year.

THE ENTRY of the “third player” into the telecommunications market is expected to drive even heavier capital spending at incumbents PLDT, Inc. and Globe Telecom, Inc. on top of their current network investments.

PLDT, Inc. said its enterprise business is on track to post double-digit revenue growth this year.

PLDT Enterprise of PLDT, Inc. announced on Thursday, June 21, it will start offering software-defined wide-area network (SD-WAN) technology to its enterprise customers, aiming...

PLDT, Inc. said the reduction of interconnection charges will have no significant effect on the company’s revenues, or result in lower rates for consumers.

PLDT, Inc. Chairman, President and CEO Manuel V. Pangilinan on Wednesday expressed confidence the telecommunications giant will “return to growth” in both revenues and profit this year.

CONTRACTUAL employees of the Philippine Long Distance Telephone Company (PLDT) were directed on Friday morning, June 1, to “claim their regularization” at the company’s human-resources division in Mandaluyong City, the company said in an advisory on Thursday.

By Patrizia Paola C. Marcelo, Reporter MANDAUE CITY, Cebu — PLDT, Inc. has launched its tenth data center in the country. The telecommunications giant on Tuesday...

By Patrizia Paola C. Marcelo, Reporter PLDT, INC. is not interested in partnering with rival Globe Telecom, Inc. for the creation of an “independent” cellular...

PLDT, Inc. reported higher core profit in the first quarter, driven by a turnaround in its wireless business. In a statement, PLDT said its reported...

PLDT, INC. on Monday said it has completed the sale of most of its shares in German e-commerce investor Rocket Internet. In a statement, PLDT...

PLDT Inc said it has completed its partial sale of its Rocket Internet SE shares. PLDT said in a statement that Rocket Internet AG has...

THE Department of Labor and Employment (DoLE) in a statement on Thursday said it has denied a motion for reconsideration by the Philippine Long...

PLDT, Inc. said it is not under pressure to divest the remaining stake in Rocket Internet after it has started unloading its shares in...