Telecommunications giant PLDT Inc. is reorganizing its management structure and tightening internal controls after uncovering a P48-billion “budget overrun” on its capital expenditure spending in the last four years. On Thursday, PLDT appointed Emmanuel C. Lorenzana, the former head of flagship wireless unit Smart Communications, as chief transformation and customer officer. Lorenzana had served as … Continue reading PLDT uncovers P48-B ‘budget overrun’, revamps management