PLDT named Philippines' Telecom Service Provider of the Year

Submitted by bnsantiago on Tue, 06/04/2013 - 15:01

MANILA, Philippines, June 04, 2013 - Leading telecoms company PLDT won four of the eleven awards, including the prestigious Philippines Telecom Service Provider of the Year, handed out at the Frost and Sullivan Philippines Excellence Awards ceremony Tuesday.

The other awards given PLDT were the Broadband Service Provider of the Year, Hosted Contact Center Service Provider of the Year, Datacenter Services Vendor of the Year conferred to its wholly-owned subsidiary ePLDT.

PLDT garners top honors at FinanceAsia poll

Submitted by bnsantiago on Fri, 05/24/2013 - 14:02

MANILA, Philippines, May 24, 2013 – Leading telecoms company PLDT topped the rankings in several major corporate categories among the country’s biggest corporations in a recent investor poll done by Hong Kong-based publication FinanceAsia.
 
For the fifth consecutive year, PLDT was ranked number one in the Most Committed to a Strong Dividend Policy and Best Investor Relations categories as investors showed recognition of how PLDT consistently gave importance to its shareholders.
 

PLDT Group statement regarding "delayed transmissions" of election results

Submitted by bnsantiago on Thu, 05/16/2013 - 14:08

MANILA, Philippines, May 16, 2013 – With respect to press reports that “weak signals” had caused delays in the transmission of election returns, we wish to state that the fixed and mobile networks of PLDT, Smart and Sun Cellular were fully functional throughout the electoral exercise. Transmissions actually sent through our networks were promptly delivered to the COMELEC and PPCRV servers in Manila.
 

PLDT Group mobile internet revenues surge 42% in Q1

Submitted by bnsantiago on Fri, 05/10/2013 - 14:17

MANILA, Philippines, May 10, 2013 – The mobile internet revenues of telecoms leader PLDT rose 42% to almost P1 billion in the first quarter compared to the same period last year as more Filipinos turned to their smartphones and tablet computers to access the internet.
 
"The continuous brisk growth in our mobile internet revenues reflects the double-digit growth of data-capable devices in our network," said Smart Communications Chief Wireless Advisor and Sun Cellular CEO Orlando B. Vea. Smart and Sun Cellular are the mobile subsidiaries of PLDT.
 

1Q2013 Core net income up 4% at P9.6 billion

Submitted by bnsantiago on Tue, 05/07/2013 - 14:29

MANILA, Philippines, 7th May 2013 –– Philippine Long Distance Telephone Company (“PLDT” or the “Company”) (PSE: TEL) (NYSE: PHI) today announced its unaudited financial and operating results for the first three (3) months of 2013 with Consolidated Core Net Income, before exceptional items and including discontinued operations, amounting to P9.6 billion or 4% higher than the P9.2 billion recorded in the first quarter of 2012.

S&P raises PLDT ratings following sovereign upgrade

Submitted by bnsantiago on Fri, 05/03/2013 - 14:57

MANILA, Philippines, May 3, 2013 – International credit watcher Standard & Poor’s Ratings Services (S&P) has upgraded the credit ratings of telecoms leader PLDT after raising the sovereign credit rating of the country to investment grade.

S&P has upgraded PLDT’s foreign currency corporate credit rating and unsecured credit rating from 'BBB-' to 'BBB' which is one notch above the sovereign rating.  The outlook is 'stable'. PLDT’s ASEAN regional scale rating was also improved from 'aXA-' to 'aXA', also one notch above the sovereign rating.

PLDT completes sale of BPO business to CVC

Submitted by bnsantiago on Tue, 04/30/2013 - 15:22

MANILA, Philippines, 30th April 2013 – Philippine Long Distance Telephone Company (“PLDT”) (PSE: TEL) (NYSE: PHI) announced today that it completed the sale of the Business Process Outsourcing (“BPO”) businesses owned by its wholly owned subsidiary – SPi Global Holdings, Inc. (“SPi”) – to Asia Outsourcing Gamma Limited (“AOGL”), a company controlled by CVC Capital Partners (“CVC”).
 
Net proceeds from the sale are in excess of US$300 million. 
 

Digitel landline subscribers enjoy better services with migration to PLDT

Submitted by bnsantiago on Mon, 04/29/2013 - 16:06

MANILA, 29 April 2013 -- The migration of the landline subscribers of Digital Telecommunications Philippines (Digitel) to its parent company PLDT is being undertaken in order to ensure that Digitel subscribers will continue to be served and with better quality and wider range of services.
 

Digitel complying with SC, DOLE order

Submitted by bnsantiago on Wed, 04/24/2013 - 16:09

Digital Telecommunications Philippines (Digitel) has been complying with the order of the Supreme Court (SC) and Department of Labor and Employment (DOLE) on the treatment of 13 employees who were dismissed in 2005. 
 
Digitel Spokesperson Reuben Pangan noted that in fact, more than half of the 13 former Digitel employees who have sought intervention on their concern have accepted their separation pay as ordered by the high court.