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Latest PHI News From Around the Web
Below are the latest news stories about PLDT Inc that investors may wish to consider to help them evaluate PHI as an investment opportunity.
Telecom giant PLDT Inc. said hundreds of areas across the country remain inaccessible to their personnel amid the COVID-19 pandemic, slowing crucial installation and repair activities needed to improve service quality. PLDT said in a statement it wrote Information and Communications Secretary Gregorio Honasan II and Interior Secretary Eduardo Ao for easier access to over 300 sites amid quarantine rules imposed by local government units. These areas include Metro Manila, Cavite, Laguna, Quezon, Rizal, Ilocos Norte, Cagayan, Tarlac, Nueva Ecija, Bulacan, Palawan, Iloilo, Capiz, Samar, Misamis Oriental and Zamboanga del Norte. "The PLDT Group would like to respectfully appeal to th… Keep on reading: LGU pandemic restrictions slowing PLDT upgrades
MANILA, Philippines --- PLDT Inc. has assured its customers that they are investigating allegations that some of their contractors have disconnected existing Fibr customers to free up ports for pending applications. PLDT said in a post on its Twitter account on Thursday, such activities are not tolerated by the company. The Fibr plan is the company's top of the line offering for fixed broadband services. "We have received reports of contractors disconnecting PLDT Fibr customers in order to free up ports for pending Fibr applications. Such activities are clearly improper and will not be tolerated," the company said in its tweet. "Our network and legal teams are currently inves… Keep on reading: PLDT assures probe on contractors disconnecting Fibr customers for new applicants
PLDT Inc. (PHI) Q2 2020 Earnings Conference Call August 6, 2020 03:00 ET Company Participants Melissa Vergel de Dios - Head of Investor Relations Al Panlilio - Chief Revenue Officer Anabelle Lim Chua - Chief Finance Officer Manny Pangilinan - Chairman & Chief Executive Officer Joachim Horn - Chief Technology...
The following slide deck was published by PLDT Inc. in conjunction with their 2020 Q2 earnings call....
MANILA, Philippines --- PLDT Inc. reported higher earnings in the first half of the year despite strict COVID-19 lockdowns that plunged the Philippine economy into recession. PLDT said in a stock exchange filing on Thursday that the telco core income during the six-month period rose 5 percent to P13.9 billion as service revenues grew 8 percent to P82.9 billion. The telco giant said data and broadband accounted for 71 percent of service revenues, underscoring the shift to digital services that is accelerating because of the health crisis. The gains came despite a significant reduction in capital spending---most of which for network upgrades--- for 2020. PLDT announced on Thurs… Keep on reading: PLDT 1st semester earnings up despite economic slowdown
Telco giant PLDT Inc. appealed to the government to judge its performance by established standards on internet speed and coverage after it found itself on the receiving end of attacks by President Duterte during his penultimate State of the Nation Address last month. During a briefing with reporters on its first semester financial results on Thursday, PLDT chair and CEO Manuel V. Pangilinan (MVP) gave assurances service quality will improve. Last July 27, Duterte threatened to close down PLDT and Globe Telecom by the end of the year and seize their assets over lousy service quality, which he did not define. "We would like to agree with regulators as to what standards we will be … Keep on reading: MVP urges gov’t to settle standards on decent internet quality
From breaking the duopoly to recent threats of a takeover, President Rodrigo Duterte's relationship with industry giants PLDT Inc. and Globe Telecom has been a tense affair since the start of his administration. With his term ending in 2022 and the launch of a telecommunications startup controlled by campaign donor Dennis A. Uy of Davao not expected until 2021--- later than initially expected---the President issued his strongest warning yet against the incumbents. On Monday, he devoted part of his State of the Nation Address (SONA) to scold PLDT and Globe for lousy services and threatened them with closure and the "expropriation" of their assets if service quality failed to improve… Keep on reading: Duterte’s telco takeover threat compounds red tape woes: 200 days to get permits
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As of late, it has definitely been a great time to be an investor of PLDT