MANILA, Philippines, 4th August 2015 –– Philippine Long Distance Telephone Company today announced its unaudited financial and operating results for the first six months of 2015 with Consolidated Core Net Income, before exceptional items, amounting to P18.9 billion, 5% or P0.9 billion lower than the P19.8 billion recorded in the same period last year. The decrease was due mainly to lower EBITDA reflecting the impact of expenses relating to the manpower reduction program, and higher financing costs, offset by gain from the sale of Meralco shares by Beacon. Read more