PLDT Online commits to sell part of its Rocket Internet shares

Submitted by mcco on Mon, 04/16/2018 - 13:55
PLDT Inc. (“PLDT”) (PSE: TEL) (NYSE: PHI) today announced that PLDT Online Investments Pte. Ltd. (“PLDT Online”), an indirect subsidiary, has committed to accept the public share purchase offer of Rocket Internet SE (“Rocket”) for at least 6,800,000 shares, or approximately 67.4% of the total number of Rocket shares directly held by PLDT Online.

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PLDT announces full year 2017 financial and operating results

Submitted by mcco on Thu, 03/08/2018 - 14:55
PLDT Inc. today announced its unaudited financial and operating results for the full year 2017 with Consolidated Service Revenues (net of interconnection costs) totaling P143.5 billion. Though 3% lower than the previous year, service revenues stabilized in 2017, as the decline in quarterly wireless revenues moderated in the course of the year. Unlike 2016, when service revenues declined quarter on quarter, PLDT posted three quarters of modest sequential increases in 2017, starting in the second.

To deliver world-class Internet and digital services: PLDT’s 5-year P260-B capex program enters 3rd year

Submitted by mcco on Sun, 02/04/2018 - 15:33
Mid-way through its historic five-year P260 billion capital expenditure (capex) program (2016-2020), telecoms leader PLDT (PSE:TEL) (NYSE:PHI) is accelerating its efforts to transform, modernize and expand its fixed and mobile networks to bring world-class communications, Internet and digital services to the country.

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