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PLDT Inc. - PHI STOCK NEWS

Welcome to our dedicated page for PLDT news (Ticker: PHI), a resource for investors and traders seeking the latest updates and insights on PLDT stock.

PLDT Inc., formerly known as the Philippine Long Distance Telephone Company, is a leading telecommunications provider in the Philippines. As a diversified telecommunications, internet, and digital service holdings company, PLDT Inc. operates through three main business units: Wireless, Fixed Line, and Others.

The Wireless segment includes mobile telecommunications services offered by Smart Communications and Digitel Mobile Philippines Inc. (DMPI). These services are known for their extensive coverage and innovative offerings, catering to a broad spectrum of consumers and businesses.

The Fixed Line segment provides fixed-line telecommunications services primarily through PLDT and its subsidiaries, ensuring reliable and high-speed connectivity for residential, business, and government customers.

PLDT Inc. has a strong focus on digital transformation and innovation. It has been actively involved in enhancing its infrastructure, including the expansion of fiber optic networks and upgrading to 5G technology. This commitment positions PLDT as a significant player in the digital landscape of the Philippines.

Recent achievements of the company include milestones in network improvements and partnerships with global technology leaders to enhance service delivery and customer experience. Financially, PLDT has shown resilience with solid revenue streams from its diversified business units and continuous investment in technology and infrastructure.

With a history of nearly a century, PLDT Inc. continues to shape the telecommunications industry in the Philippines, aiming to provide world-class services and contribute to the nation's economic growth.

For the latest updates and developments, visit our news section below.

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PLDT Inc. (NYSE: PHI) files Annual Report on Form 20-F for fiscal year 2023 with the U.S. SEC. Shareholders can request hard copies for free.
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PLDT Inc. is in advanced talks with Radisys, a subsidiary of Jio Platforms, to build and launch digital experiences for Filipinos.
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PLDT Inc. (NYSE: PHI) has filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2022, with the U.S. Securities and Exchange Commission. The report is available on the PLDT website, and shareholders can request hard copies free of charge. PLDT is recognized as the largest fully integrated telecommunications company in the Philippines, offering a wide range of services supported by an extensive fiber optic backbone. The company is listed on the Philippine Stock Exchange (PSE: TEL) and has one of the largest market capitalizations among Philippine companies. Forward-looking statements are included, subject to various risks and uncertainties.

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PLDT Inc. and Smart Communications have been recognized at the International Business Awards for their commitment to consumer safety and digital inclusion. They received a Gold Stevie for Project Tower, which enhances awareness about cell site safety during COVID-19. Additionally, their #FarmSmart initiative won a Silver Stevie for improving productivity among farmers through digital solutions. The awards will be presented at a gala in London on October 15, 2022, marking the first in-person ceremony since 2019.

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PLDT Inc. launched the US-Transpacific Jupiter Cable system, enhancing the Philippines' international data capacity. This 14,000-kilometer cable connects the Philippines directly to the US and Japan, tripling PLDT's capacity to 60 Terabit/s. The initiative aims to position the Philippines as a digital hub in the Asia-Pacific, catering to global hyperscalers. PLDT's extensive fiber optic network spans 803,000 kilometers, and the company is set to expand with two additional cable systems in the next two years.

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PLDT enhances its market leadership by activating the US-Transpacific Jupiter cable system slated for July 2022. This addition significantly boosts PLDT's fiber network capacity from 20 Terabit/s to approximately 60 Terabit/s for the US and Japan. The Jupiter system, part of a global consortium, spans 14,000 kilometers and fortifies PLDT's resiliency against undersea cable disruptions. The investment reinforces PLDT's role in the digital economy, aiming to position the Philippines as a strategic data hub for cloud services and fintech.

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FAQ

What is the current stock price of PLDT (PHI)?

The current stock price of PLDT (PHI) is $27.46 as of September 27, 2024.

What is the market cap of PLDT (PHI)?

The market cap of PLDT (PHI) is approximately 5.9B.

What does PLDT Inc. do?

PLDT Inc. is a major telecommunications, internet, and digital service holdings company in the Philippines, offering mobile and fixed-line services.

What are the main business units of PLDT Inc.?

PLDT Inc. operates through three main business units: Wireless, Fixed Line, and Others.

Who are the primary service providers under PLDT's Wireless segment?

The Wireless segment includes Smart Communications and Digitel Mobile Philippines Inc. (DMPI).

What services are included in PLDT's Fixed Line segment?

The Fixed Line segment provides fixed-line telecommunications services, including broadband and landline connections.

How is PLDT Inc. contributing to digital transformation?

PLDT Inc. is expanding its fiber optic networks, upgrading to 5G technology, and partnering with global tech leaders to enhance service delivery.

What are some recent achievements of PLDT Inc.?

Recent achievements include network improvements and strategic partnerships to enhance customer experience and service quality.

How does PLDT Inc. support its financial condition?

PLDT maintains solid revenue streams from diversified business units and continuously invests in technology and infrastructure.

Where can I find the latest news about PLDT Inc.?

For the latest updates and developments, visit the news section on our website.

What is the historical significance of PLDT Inc.?

PLDT Inc. has nearly a century of history and continues to play a crucial role in shaping the telecommunications industry in the Philippines.

How can I access PLDT's services?

PLDT's services can be accessed through their various platforms including Smart's mobile services and PLDT’s fixed-line services.

PLDT Inc.

NYSE:PHI

PHI Rankings

PHI Stock Data

5.93B
216.06M
3.95%
3.08%
0.16%
Telecom Services
Communication Services
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United States of America
Makati City