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PLDT mobile Internet sales up

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Philippine Long Distance Telephone Co. (PLDT), the country’s largest telecommunications provider, noted a surge in mobile Internet revenues as more subscribers bought smartphones and tablet computers.

Posted: May 11th, 2013 in Headlines | Read More »

PLDT posts 8% decline in Q1 net profit to P9.2B

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Philippine Long Distance Telephone Co. (PLDT) said its net income for the first quarter declined 8 percent to P9.2 billion, mainly on lower financial gains and employee termination expenses, but officials stayed upbeat despite the shifting trends in its key business units.

Posted: May 7th, 2013 in Headlines | Read More »

PLDT assures Digitel clients of better services

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Philippine Long Distance Telephone Co. (PLDT) said it was undertaking the migration of landline subscribers of Digital Telecommunications Philippines (Digitel) to improve and widen its services.

Posted: April 30th, 2013 in Headlines | Read More »

PLDT exec to head TV5 network

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First Pacific Co. Ltd. of Hong Kong has announced key changes in its corporate lineup and that of flagship unit Philippine Long Distance Telephone Co. (PLDT) as it seeks to turn around an unprofitable television arm while laying the groundwork for further expansion in the country and abroad.

Posted: April 23rd, 2013 in Headlines | Read More »

Digitel workers protest PLDT ‘retirement’ plan

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Emplyees of Digitel Telecommunications Philippines Inc. have asked to be absorbed into the company’s new parent, Philippine Long Distance Telephone Co. (PLDT) following the merger between the two telcos.

Posted: April 16th, 2013 in Headlines | Read More »

Stocks end higher

Local stock prices were mostly higher Monday on news of the recommissioning of one unit of Bacman geothermal plant as well as expectations of further cuts in the Bangko Sentral ng Pilipinas’ special deposit accounts (SDA) rates.

Posted: April 8th, 2013 in Headlines | Read More »

PLDT says user base rose to 69M in end-2012

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Dominant carrier Philippine Long Distance Telephone Co. (PLDT) plans to use its “superior” network to attract more subscribers this year from its strong, albeit smaller rival.

Posted: April 5th, 2013 in Headlines | Read More »

More liberal foreign equity rule looms

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The Securities and Exchange Commission has drafted a new set of guidelines on foreign ownership in partly nationalized industries—a more liberal framework wherein the 40-percent foreign equity limit is prescribed on both the voting shares and total outstanding shares.   The draft guidelines, which the SEC is releasing for further public feedback, make the recent [...]

Posted: March 26th, 2013 in Editor's Pick,Headlines | Read More »

PLDT earmarks P2.5B for fiber optic network expansion in 2013

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Dominant carrier Philippine Long Distance Telephone Co. (PLDT) is rolling out this year more than 5,000 kilometers of new fiber optic cable to support both wireless and fixed-line services across the country.
In a statement, PLDT said it would spend P2.5 billion to expand its fiber optic cable network to more than 60,000 kms this year.

Posted: March 11th, 2013 in Headlines | Read More »

PLDT signs deal on BPO sale

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Philippine Long Distance Telephone Co. has struck a deal to sell about 80 percent of its business process outsourcing (BPO) businesses under Spi Global Holdings Inc. to a unit of global private equity firm CVC Capital Partners.

Posted: February 5th, 2013 in Headlines | Read More »

PLDT sets lower capex for ’13

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Philippine Long Distance Telephone Co. (PLDT) expects to spend less for expansion this year following the recent completion of its two-year network modernization program.

Posted: January 31st, 2013 in Headlines | Read More »

PLDT, Globe fighting over telephone poles

The ongoing word war over network problems between the country’s largest telcos is set to heat up, as Philippine Long Distance Telephone Co. (PLDT) has accused Globe Telecom of illegally attaching fiber-optic cables to PLDT poles in northern Luzon.

Posted: January 27th, 2013 in Headlines | Read More »

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