MANILA, Philippines 14th November 2016 – PLDT Inc. (“PLDT”) (PSE: TEL) (NYSE: PHI) today announced its unaudited financial and operating results for the first three (3) quarters of 2016 with Consolidated Revenues at Php125.4 billion, 2% less than the same period in 2015. Excluding international and national long distance (ILD and NLD), and interconnection costs, consolidated service revenues totaled Php101 billion, stable versus the same period last year. On the same basis, fixed line revenues grew by 9% to Php42.2 billion while wireless revenues declined by 6% to Php64.7 billion.

Consolidated Core Income in this period amounted to Php21.7 billion, 20% lower year on year largely due to lower EBITDA, and increased depreciation and financing costs – both arising from higher capital expenditures. Read more