Company Description
PLDT Inc. (NYSE: PHI, PSE: TEL) is described in its public disclosures as the Philippines’ largest integrated telecommunications company. According to its announcements and regulatory filings, PLDT operates through principal business groups that span fixed line, wireless and other services, and offers telecommunications and digital services across what it calls the Philippines’ most extensive fiber optic backbone, fixed line infrastructure and cellular networks.
PLDT’s shares are listed on the Philippine Stock Exchange under the symbol TEL, and its American Depositary Shares trade on the New York Stock Exchange under the symbol PHI. Company disclosures state that PLDT has one of the largest market capitalizations among companies listed on the Philippine Stock Exchange, underscoring its significance within the local information and telecommunications sector.
Business segments and services
In its descriptions to investors and in its Form 20-F annual reports, PLDT explains that its activities are organized into three main units: Wireless, Fixed Line and Others. The wireless segment includes mobile telecommunications services provided by Smart and DMPI. The fixed line segment covers telecommunications services mainly provided by PLDT, and PLDT also provides fixed-line services through its subsidiaries. Through these business groups, PLDT refers to a wide range of telecommunications and digital services delivered over its fiber, fixed line and cellular networks.
PLDT’s public communications also highlight its role as a fully integrated telco company in the Philippines, emphasizing that its fixed and wireless networks form the backbone for connectivity and digital services across the country. The company’s enterprise unit, PLDT Enterprise, is described as focusing on business customers, and PLDT has reported initiatives to modernize billing and revenue management systems for this unit using cloud-based solutions provided by partners such as CSG.
Network and infrastructure
In various news releases, PLDT describes operating the Philippines’ most extensive fiber optic backbone and fixed line and cellular networks. It has also disclosed participation in multiple international submarine cable systems. For example, PLDT announced the activation of the US-Transpacific Jupiter Cable system, a submarine cable link connecting the Philippines to Japan and the US West Coast via a landing station in Daet, Camarines Norte. PLDT has stated that this system significantly boosts its international data capacity in terabits per second and increases route diversity for traffic going in and out of the country.
PLDT’s disclosures note that it participates in numerous international submarine cable networks and that it expects further expansion with additional systems such as Asia Direct Cable (ADC) and the APRICOT cable system. The company has also referred to its network of VITRO data centers and to its international cable investments as elements that support data center capacity and digital infrastructure in the Philippines.
Digital and enterprise initiatives
PLDT’s public statements describe a focus on telecommunications and digital services for both consumers and enterprises. Through PLDT Enterprise, the company has reported working with CSG to implement a cloud-based unified billing and revenue management solution hosted on Amazon Web Services. According to PLDT and CSG, this system is intended to streamline processes across business segments and support a more cohesive billing experience as PLDT’s enterprise solutions portfolio diversifies.
PLDT has also announced collaborations aimed at digital experiences. In a release with Radisys, a subsidiary of Jio Platforms, PLDT stated that it was in advanced talks to explore building and launching digital experiences for Filipino customers, consistent with its stated purpose to inspire innovation and deliver meaningful connections.
Recognition and community programs
PLDT and its wireless unit Smart Communications, Inc. have reported receiving awards from regional and international business award programs. These include Gold and Silver Stevie awards from the Asia-Pacific Stevie Awards and the International Business Awards. Recognized initiatives include PH Digicon, described as a hybrid thought leadership event on digital trends, and programs such as Better Today, which PLDT and Smart describe as focusing on safety and wellness for digitally connected Filipinos, including topics such as data privacy, digital wellness and online child safety.
PLDT and Smart have also reported recognition for #FarmSmart, which they describe as a corporate responsibility initiative that uses digital technologies in livelihood programs intended to help farmers and fisherfolk improve productivity, reach markets and support food security.
Regulatory reporting and capital markets presence
As a foreign private issuer in the United States, PLDT files an annual report on Form 20-F with the U.S. Securities and Exchange Commission. The company has announced the filing of its Form 20-F for multiple fiscal years, and it makes these documents available through its investor relations channels. PLDT also furnishes current reports on Form 6-K that include disclosures made to the Philippine Stock Exchange and the Philippine Securities and Exchange Commission, such as information about dividends, officer changes and other corporate developments.
In the Philippines, PLDT files reports such as SEC Form 17-Q, which include consolidated financial statements and management’s discussion and analysis. These filings describe the PLDT Group as PLDT Inc. together with its consolidated subsidiaries and provide segment information for wireless, fixed line and other operations. The company notes that its financial statements are prepared in accordance with Philippine Financial Reporting Standards, which it describes as virtually converged with International Financial Reporting Standards.
Stock PHI: what investors track
Investors following PLDT Inc. through the PHI ticker on the New York Stock Exchange typically look at information the company provides about its integrated telecommunications operations, its fixed and wireless network footprint in the Philippines, its participation in international submarine cable systems, and its capital markets disclosures. PLDT’s status as the Philippines’ largest integrated telco company and its statement that it has one of the largest market capitalizations among Philippine-listed companies are central points in its own description of its role in the local telecommunications industry.