STOCK TITAN

PLDT (PHI) signs deal to gain full 100% ownership of Radius Telecoms

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

PLDT Inc. has executed a Share Purchase Agreement to acquire Paragon Vertical Corporation’s 65.1% equity interest in Radius Telecoms, Inc. This stake consists of 4,647,494 common shares plus beneficial interests in 6 qualifying shares held by nominee directors.

Once closing conditions and required regulatory approvals are satisfied, PLDT will own 100% of Radius. The report also reiterates standard forward-looking statement cautions, noting that actual results may differ materially from expectations and that PLDT has no obligation to update such statements after the report date.

Positive

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Insights

PLDT moves to fully consolidate Radius Telecoms, pending approvals.

PLDT Inc. has signed a Share Purchase Agreement to buy Paragon’s 65.1% equity interest in Radius Telecoms, Inc., representing 4,647,494 common shares plus beneficial interests in 6 qualifying shares. After closing, PLDT would own 100% of Radius.

This step formalizes a proposed transaction previously flagged in May and is still conditional on regulatory approvals and other closing conditions. The absence of disclosed financial terms in this excerpt limits visibility on valuation or balance-sheet impact, so the strategic and financial materiality cannot be fully gauged here.

Completion timing depends on the pace and outcome of the required regulatory approvals and satisfaction of closing conditions. Subsequent company disclosures are expected to confirm whether closing occurs and, potentially, provide more detail on financial terms and integration plans for Radius within PLDT’s operations.

Radius stake to be acquired 65.1% equity interest Paragon’s stake in Radius Telecoms under Share Purchase Agreement
Radius common shares in stake 4,647,494 shares Common shares in Radius registered to Paragon
Qualifying shares 6 shares Qualifying shares with beneficial interest held for Paragon
Post-closing ownership of Radius 100% PLDT ownership of Radius after closing
PLDT stockholders 11,317 Number of stockholders as of April 30, 2026
Share Purchase Agreement financial
"the Company executed a Share Purchase Agreement with Paragon Vertical Corporation"
A share purchase agreement is a written contract that outlines the terms and conditions for buying and selling shares of a company. It specifies details like the price, number of shares, and any special conditions, ensuring both buyer and seller agree on the transaction. For investors, it provides clarity and legal protection, making sure the purchase is clear and enforceable.
beneficial interest financial
"together with the beneficial interest in 6 qualifying shares held by nominee directors"
Beneficial interest is the right to receive the economic benefits of an asset—such as dividends, interest, or sale proceeds—without necessarily holding legal title to it. For investors this matters because it determines who actually gains from an investment or trust, much like renting an apartment where the tenant enjoys living there and paying bills while the landlord holds the deed; understanding who has the beneficial interest affects income rights, voting influence, and risk exposure.
qualifying shares financial
"beneficial interest in 6 qualifying shares held by nominee directors of Radius"
regulatory approvals regulatory
"Closing under the Share Purchase Agreement remains subject to the applicable regulatory approvals and closing conditions"
Regulatory approvals are official permissions from government agencies that a company needs before launching a new product, service, or business activity. They matter because without this approval, the company might not be allowed to operate legally or sell its products, similar to how a driver needs a license to legally drive a car.
forward-looking statements regulatory
"Some information in this report may contain forward-looking statements within the meaning of Section 27A"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 

FORM 6-K

Report of Foreign Private Issuer

 

Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934

 

 

For the month of June 2026

 

 

Commission File Number 1-03006

 

 

PLDT Inc.

(Exact Name of Registrant as Specified in Its Charter)

 

Ramon Cojuangco Building

Makati Avenue

Makati City

Philippines

(Address of principal executive offices)

 

 

(Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.)

 

Form 20-F Form 40-F

 

 

(Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.)

 

Yes No

 

 

(If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- ________ )


 

NOTE REGARDING FORWARD-LOOKING STATEMENTS

 

Some information in this report may contain forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933 and Section 21E of the U.S. Securities Exchange Act of 1934. We have based these forward-looking statements on our current beliefs, expectations and intentions as to facts, actions and events that will or may occur in the future. Such statements generally are identified by forward-looking words such as “believe,” “plan,” “anticipate,” “continue,” “estimate,” “expect,” “may,” “will” or other similar words.

A forward-looking statement may include a statement of the assumptions or bases underlying the forward-looking statement. We have chosen these assumptions or bases in good faith. These forward-looking statements are subject to risks, uncertainties and assumptions, some of which are beyond our control. In addition, these forward-looking statements reflect our current views with respect to future events and are not a guarantee of future performance. Actual results may differ materially from information contained in the forward-looking statements as a result of a number of factors, including, without limitation, the risk factors set forth in “Item 3. Key Information – Risk Factors” in our annual report on Form 20-F for the fiscal year ended December 31, 2025. You should also keep in mind that any forward-looking statement made by us in this report or elsewhere speaks only as at the date on which we made it. New risks and uncertainties come up from time to time, and it is impossible for us to predict these events or how they may affect us. We have no duty to, and do not intend to, update or revise the statements in this report after the date hereof. In light of these risks and uncertainties, you should keep in mind that actual results may differ materially from any forward-looking statement made in this report or elsewhere.


EXHIBITS

 

 

Exhibit Number

 

Page

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Copy of the disclosure letter that PLDT Inc. (the “Company”) filed with the Philippine Stock Exchange on June 4, 2026 and the Philippine Securities and Exchange Commission on June 5, 2026 in connection with the execution of a Share Purchase Agreement with Paragon Vertical Corporation (“Paragon”) and Radius Telecoms, Inc. (“Radius”) covering the proposed acquisition by the Company of Paragon’s 65.1% equity interest in Radius.

 

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Signatures

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly authorized and caused this report to be signed on its behalf by the undersigned.

 

 

 

PLDT Inc.

 

 

By : /s/Mark David P. Martinez

Name : Mark David P. Martinez

Title : Assistant Corporate Secretary

Date : June 5, 2026

 

 

 

 

 

 

 


 

 

EXHIBITS

 

 

Exhibit Number

 

Page

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Copy of the disclosure letter that PLDT Inc. (the “Company”) filed with the Philippine Stock Exchange on June 4, 2026 and the Philippine Securities and Exchange Commission on June 5, 2026 in connection with the execution of a Share Purchase Agreement with Paragon Vertical Corporation (“Paragon”) and Radius Telecoms, Inc. (“Radius”) covering the proposed acquisition by the Company of Paragon’s 65.1% equity interest in Radius.

 

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June 4, 2026

 

The Philippine Stock Exchange, Inc. 6/F Philippine Stock Exchange Tower 28th Street corner 5th Avenue Bonifacio Global City, Taguig City

 

Attention: Atty. Johanne Daniel M. Negre

Head – Disclosure Department

 

Securities & Exchange Commission 7907 Makati Avenue, Salcedo Village, Barangay Bel-Air, Makati City

 

Attention: Atty. Oliver O. Leonardo

Director – Markets and Securities Regulation Department

 

Dear All:

 

Further to the disclosure submitted to the PSE on May 14, 2026, PLDT Inc. (the “Company”) announces that, on June 4, 2026, the Company executed a Share Purchase Agreement with Paragon Vertical Corporation (“Paragon”) and Radius Telecoms, Inc. (“Radius”) covering the proposed acquisition by the Company of Paragon’s 65.1% equity interest in Radius.

 

Under the Share Purchase Agreement, Paragon’s 65.1% equity interest consists of 4,647,494 common shares registered in the name of Paragon, together with the beneficial interest in 6 qualifying shares held by nominee directors of Radius for and on behalf of Paragon.

 

Closing under the Share Purchase Agreement remains subject to the applicable regulatory approvals and closing conditions. Upon Closing, the Company will own 100% of Radius.

 

We will make the necessary updates in accordance with applicable disclosure requirements.

 

 

Very truly yours,

 

 

/s/Mark David P. Martinez

Mark David P. Martinez Assistant Corporate Secretary PLDT Inc.


 

COVER SHEET

 

SEC Registration Number

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Company Name

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Principal Office (No./Street/Barangay/City/Town/Province)

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Form Type

 

 

 

Department requiring the report

 

 

 

Secondary License Type, If Applicable

 

 

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COMPANY INFORMATION

 

Company’s Email Address

 

Company’s Telephone Number/s

 

Mobile Number

 

 

 

 

 

 

 

 

 

 

No. of Stockholders

 

Annual Meeting
Month/Day

 

Fiscal Year
Month/Day

 

 

11,317

As of April 30, 2026

 

Every 2nd Tuesday of June

 

December 31

 

CONTACT PERSON INFORMATION
The designated contact person MUST be an Officer of the Corporation

Name of Contact Person

 

Email Address

 

Telephone Number/s

 

Mobile Number

Marilyn A. Victorio-Aquino

 

mvaquino@pldt.com.ph

 

82500254

 

 

 

Contact Person’s Address

MGO Building, Legaspi St. corner Dela Rosa St., Makati City

 

Note: In case of death, resignation or cessation of office of the officer designated as contact person, such incident shall be reported to the Commission within thirty (30) calendar days from the occurrence thereof with information and complete contact details of the new contact person designated.

 


 

SECURITIES AND EXCHANGE COMMISSION

 

CURRENT REPORT UNDER SECTION 17 OF THE SECURITIES REGULATION CODE AND SRC RULE 17.1

 

 

 

1.
June 4, 2026

Date of Report (Date of earliest event reported)

 

2.
SEC Identification Number: PW-55

 

3.
BIR Tax Identification No. 000-488-793

 

4.
PLDT Inc.

Exact name of issuer as specified in its charter

 

5.
Philippines 6. (SEC Use Only)

Province, country or other jurisdiction Industry Classification Code of Incorporation

7.
Ramon Cojuangco Building, Makati Avenue, Makati City 1200

Address of principal office Postal Code

 

8.
(632) 8250-0254

Issuer's telephone number, including area code

 

9.
Not Applicable

Former name or former address, if changed since last report

 

10.
Securities registered pursuant to Sections 8 and 12 of the Securities Regulation Code and Sections 4 and 8 of the Revised Securities Act

 

Title of Each Class

Number of Shares of Common Stock

Outstanding and Amount of Debt Outstanding

 

 

 

 


 

11.
Item 9 (Other Events)

 

Further to the disclosure submitted to the PSE on May 14, 2026, PLDT Inc. (the “Company”) announces that, on June 4, 2026, the Company executed a Share Purchase Agreement with Paragon Vertical Corporation (“Paragon”) and Radius Telecoms, Inc. (“Radius”) covering the proposed acquisition by the Company of Paragon’s 65.1% equity interest in Radius.

 

Under the Share Purchase Agreement, Paragon’s 65.1% equity interest consists of 4,647,494 common shares registered in the name of Paragon, together with the beneficial interest in 6 qualifying shares held by nominee directors of Radius for and on behalf of Paragon.

 

Closing under the Share Purchase Agreement remains subject to the applicable regulatory approvals and closing conditions. Upon Closing, the Company will own 100% of Radius.

 

We will make the necessary updates in accordance with applicable disclosure requirements.

 

Pursuant to the requirements of the Securities and Regulation Code, the Company has duly authorized and caused this report to be signed on its behalf by the undersigned.

 

PLDT Inc.

 

By:

 

/s/Mark David P. Martinez

Mark David P. Martinez

Assistant Corporate Secretary

 

June 4, 2026

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 

 

 

Signatures

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly authorized and caused this report to be signed on its behalf by the undersigned.

 

 

 

PLDT Inc.

 

 

By : /s/Mark David P. Martinez

Name : Mark David P. Martinez

Title : Assistant Corporate Secretary

Date : June 5, 2026

 

 

 


FAQ

What transaction did PLDT Inc. (PHI) announce involving Radius Telecoms?

PLDT Inc. announced it signed a Share Purchase Agreement to acquire Paragon Vertical Corporation’s 65.1% equity interest in Radius Telecoms, Inc. The stake includes 4,647,494 common shares plus beneficial interests in 6 qualifying shares, positioning PLDT to eventually own 100% of Radius after closing.

How much of Radius Telecoms will PLDT Inc. (PHI) own after closing?

After closing the Share Purchase Agreement, PLDT Inc. will own 100% of Radius Telecoms, Inc. This results from acquiring Paragon’s 65.1% equity interest, which consists of 4,647,494 common shares and beneficial interests in 6 qualifying shares currently associated with nominee directors.

What conditions must be satisfied before PLDT Inc. (PHI) completes the Radius acquisition?

Completion of PLDT Inc.’s acquisition of Paragon’s 65.1% stake in Radius Telecoms is subject to applicable regulatory approvals and other closing conditions. The company states that closing will occur only after these conditions are met and has committed to provide further updates under relevant disclosure requirements.

How large is Paragon’s equity stake in Radius Telecoms mentioned by PLDT Inc. (PHI)?

Paragon’s equity stake in Radius Telecoms that PLDT Inc. plans to acquire is 65.1%. This represents 4,647,494 common shares registered to Paragon, plus beneficial interests in 6 qualifying shares held by nominee directors of Radius on Paragon’s behalf under the Share Purchase Agreement.

Does PLDT Inc. (PHI) provide any financial terms for the Radius Telecoms acquisition?

The disclosure focuses on structure and ownership rather than financial terms. It specifies that PLDT will acquire Paragon’s 65.1% equity interest in Radius, totaling 4,647,494 common shares and 6 qualifying shares, but the excerpt does not present consideration value or pricing details for the transaction.

What forward-looking statement cautions does PLDT Inc. (PHI) highlight in this report?

PLDT Inc. emphasizes that some statements are forward-looking, based on current beliefs and assumptions, and may differ materially from actual results. It cites existing risk factors in its Form 20-F and notes it has no duty to update forward-looking statements after the report date.

Filing Exhibits & Attachments

1 document