Rappler's latest stories on PLDT Incorporated
PLDT not keen on joining Globe for independent cell tower firm
PLDT chief Manuel Pangilinan says his firm does not see the need to share any of its existing network elements, including cellular towers
Despite higher profit, PLDT chief unsatisfied: 'We can do better'
The listed telecommunications giant will not stop until it becomes the most profitable listed firm in the Philippines again, says PLDT chairman and CEO Manuel Pangilinan
PLDT unit seals partial sale of Rocket Internet stake
As a result of the sale, the Manuel Pangilinan-led telco's equity ownership in Rocket Internet is reduced from 6.1% to 2%
Globe Telecom open to partnering with PLDT for cell tower firm
The Ayala-led company says the creation of an independent cell tower firm would significantly reduce the time needed for a new player to roll out
PLDT formally gives Cure's 3G frequency for free
The Department of Information and Communications Technology says the surrendered 3G frequency is now available for a new major telecommunications player
PLDT income takes 'big one-time hit' from swap of base stations
In the last quarter of 2017, expenses of the Philippine telco giant surge by 44% to P53.920 billion. This drags its reported net income to P4.479 billion in the same period.
PLDT plans broadband expansion by 2020
The listed telecommunications giant is spending over P50 billion every year until 2020
PLDT to give up Cure frequencies 'at no cost'
(UPDATED) This comes after President Rodrigo Duterte publicly threatened to send tax auditors to telecommunications companies demanding payment for returning radio frequencies to the government
Duterte order on Cure frequencies for 3rd telco contradicts PLDT-NTC deal
A 2011 agreement states that the National Telecommunications Commission would bid out the surrendered Cure frequencies, with PLDT being given monetary compensation. President Rodrigo Duterte now refuses to give that compensation.
PLDT sets aside over P150 billion for expansion until 2020
PLDT chairman and CEO Manuel Pangilinan says that for every P1 of service revenue, the telco reinvests 30 to 35 centavos to 'super-charge' its fixed and mobile networks
3 consortia forming up to battle for Philippines' 3rd telco slot
The acting chief of Department of Information and Communication Technology (DICT) says these 3 groups will each be led by Converge ICT Solutions Incorporated, Now Corporation, and Philippine Telegraph & Telephone Corporation (PT&T)
Naming Philippines' 3rd telco might take longer than expected
The Department of Information and Communication Technology (DICT) has a tall order from the Philippine president: Launch a major 3rd telecom player by March 2018. Prospective entrants think the timeline is too short.
McDonald's Philippines goes cashless with PayMaya
The digital services arm of PLDT has upped the cashless payments battle with the launch of its partnership with McDonald's Philippines
PLDT unit to forge strategic partnerships in Q1 2018
Voyager Innovations chairman Manuel Pangilinan says the upcoming partnership deals 'will excite the market'
Globe Telecom expects to spend over P42B this 2018
The Ayala-led telecommunications company says the huge capital spending budget will fund its moves to address customer demand for more bandwidth-intensive content
PLDT, Smart ink another partnership deal with Huawei
The $28.5-million wireless service deal is expected to improve the telco giant's wireless service
Globe 'ready' for faster internet but permits are 'biggest hurdle'
The telco says 'the cumbersome number of permits' as well as right-of-way issues hamper its delivery of good internet service
PLDT extends partnership with Cignal TV to business customers
The new arrangement allows businesses such as hotels and bars to broadcast Cignal TV content via the internet
PLDT open to Chinese strategic partners
'I think it's a rather novel idea and it's something we should consider, either at the PLDT level or at the Voyager level or both,' says PLDT chairman Manuel Pangilinan
PLDT increases target recurring core income for 2017
PLDT chief Manuel Pangilinan says his group is confident it can raise recurring core income guidance by half a billion pesos to P22 billion this year
PLDT invests P7B in undersea cable with 60 TBps of bandwidth
Called Jupiter, the fiber optic submarine cable system will directly connect Maruyama and Shima in Japan and Los Angeles in the US to Daet, PLDT's cable landing station in Camarines Norte
PH internet 'no good'? Telcos, PCC react to Jack Ma
PLDT and Globe say they're working to improve services, while the Philippine Competition Commission describes Jack Ma's disappointing experience as a 'wake-up call' for the telcos
PLDT unit spending P11 billion for faster internet
In two years' time, the telco sees over 1.3 million DSL subscribers of PLDT enjoying faster internet speed
A peek into Jack Ma's 24-hour Manila visit
The Chinese business icon manages a packed schedule while experiencing Metro Manila traffic and the country's notorious slow internet
Alibaba's Jack Ma: PH internet 'no good'
Rather than pointing fingers, the Chinese tycoon urges the private sector to grasp the opportunity and invest in better internet infrastructure for guaranteed returns
Globe, PLDT battle it out in cashless payments
Globe invites Chinese billionaire Jack Ma to the launch of its new mobile payment technology. On the same day, PLDT relaunches its scan-to-pay service.
PLDT completes P1-B fiber optic expansion in Mindanao
Spanning over 300 kilometers, the fiber infrastructure runs through the provinces of Agusan del Norte, Agusan del Sur, Davao del Norte, and Davao del Sur
PLDT building submarine cable for PH link to 3 continents
With an initial investment of P500 million, PLDT is set to open its Asia-Africa-Europe 1 Submarine Cable System (AAE-1) before the end of 2017
Smart to upgrade cell sites in Marikina, Quezon City
This upgrade is expected to improve Smart's mobile data service, particularly long term evolution (LTE) and 3G, in the two cities
PLDT goes into chartered flights service
PLDT unit Pacific Global One says it can now provide private flights to Balesin, Amanpulo, Baguio, and Boracay, among other routes
PLDT to award up to 860,000 shares to key officers, employees
The telco also aims to close 2017 with a higher recurring core income of P21.5 billion, from P20.16 billion in 2016
Fitch upgrades PLDT outlook amid improved finances
The telco s long term local currency issuer default rating LC IDR outlook is raised to stable from negative – a sign of improving financial performance
Beacon divestment lifts PLDT's core income to over P12B
UPDATED PLDT s core income for the 2nd quarter of 2017 increases to P12 1 billion from P10 5 billion in the same period a year ago
PLDT eyes gains from manpower reduction, asset sales but expects 'steep climb'
The telco is projecting savings of around P7 billion over several years from outsourcing its IT to IBM and is still eyeing selling the rest of its stake in Meralco
Free Wi-Fi for 1st 30 minutes along EDSA starting June 12
After the 1st 30 minutes users can extend for P20 for two hours valid for two days or P50 for 10 hours valid for 5 days
Telcos turn to Makati to beta test all-in-one digital card, app
PLDT chairman Manuel Pangilinan says the telco chose Makati as a test case because of its reach as a premier financial center
PLDT sells remaining stake in SPi Global
The transaction values SPi Global at 330 million P16 42 billion
PLDT holds on to declining Rocket Internet
Rocket Internet almost quadruples its losses in 2016 to €741 million 807 441 million PLDT owns a 6 1 stake in the German tech firm
SC affirms ruling in favor of SEC’s 60-40 foreign ownership rule
The Supreme Court affirms its rejection of a petition that alleges the SEC guidelines on foreign ownership were ‘tailor made’ to allow PLDT to skirt the cap set by the Constitution
Globe, Smart to cut mobile voice call rates to P1 per minute
The Philippines two telco giants lower the cost of mobile voice calls as competition heightens
PLDT to outsource back-office IT to IBM
PLDT chief Manuel V Pangilinan says he wants to ensure all or most of the 1 000 affected employees will be absorbed by IBM
PLDT still no.1 among mobile subscribers
PLDT says its subsidiary Smart Communications Incorporated closed 2016 with 63 03 million subscribers against rival Globe Telecom s 62 8 million subscribers
Smart seen to get 25-year franchise extension by March
But the franchise extension might require the telco giant to list on the Philippine Stock Exchange
PLDT partners with Huawei for 5G rollout in 2020
In a recent visit to the Huawei headquarters PLDT chief Manuel V Pangilinan signs an agreement with the president of a unit of the Chinese ICT giant
Window narrows for Smart's 25-year franchise extension
The telco s franchise granted way back in March 1992 is set to expire this March
Duterte hosts intimate dinner for top businessmen
The 3 hour dinner is organized by former president and now Deputy Speaker Gloria Macapagal Arroyo and Presidential Consultant for Entrepreneurship Joey Concepcion
Smart targets Metro Manila for LTE coverage expansion
The telco says its subscribers can experience improved coverage and quality of voice calls SMS and mobile internet as it expands its network in the next 3 months
PLDT completes 3 ICT deals in Davao
All these form part of PLDT’s P48 billion capital spending budget for 2016
Supreme Court upholds SEC foreign ownership rules
UPDATED The High Court decides on a 2013 case involving PLDT s alleged attempt to skirt the constitutional cap on foreign ownership in public utilities
PLDT, Globe reduce interconnection voice calls to P2.50
UPDATED With the reduced interconnection rates the NTC expects retail rates for voice calls to be lowered by about P1 per minute
