Short read:

PLDT Inc. (PLDT) is a telecommunications company in the Philippines which delivers data and multi-media services through its three operating segments which are:1

  1. Wireless – wireless telecommunications services majority provided by Smart.
  2. Fixed Line – fixed line telecommunications services primarily provided by PLDT.
  3. Investment companies

PLDT’s 2017 net revenues stands at P143.5 billion, lower by P4.1 billion compared with 2016 revenue:

  • Highest contributor of revenue by product type is data, broadband and digital platforms with P67.0 billion or 47% of 2017 revenue.2
  • Cash dividends declared during 2017:3

  • Capital expenditures for 2018 is estimated at P58 billion to support the growth of data/broadband through:4
    • Backhaul/transmission for mobile data
    • Customer-premises equipment spending for fiber take-up
    • Upgrade of PLDT’s network- and customer-facing platforms through multi-year agreements signed with Huawei (US$28.5 million) and Amdocs (US$300 milion)
  • On May 2016, PLDT, acquired from San Miguel Corporation (SMC), a 50% equity interest of Vega Telecom Inc. (VTI), Bow Arken and Brightshare for P52.8 billion, with Globe Telecom, Inc. acquiring the other 50% interest.5
  • PLDT and Globe contractually agreed sharing of control on VTI, Bow Arken and Brightshare, and their respective subsidiaries, as a joint venture with both parties having 50% right on their net assets.6

For complete information about PLDT, visit: COMPANY PROFILE: PLDT, INC.

References:

1  PLDT, Inc. 2017 Unaudited Financial Statements, Notes to Financial Statements, Note 4, p.F-51, https://goo.gl/ZifUtA

2  PLDT, Inc. 2017 Full Year Results, p.8, https://goo.gl/TEVaZx

3  PLDT, Inc. 2017 Unaudited Financial Statements, p.F-98, https://goo.gl/ZifUtA

4  PLDT, Inc. 2017 Full Year Results, p.13, https://goo.gl/TEVaZx

5  TEL SEC 17-A, December 31, 2016, Business and General Information, p.5, https://goo.gl/ftRaib

6  PLDT, Inc. 2017 Unaudited Financial Statements, Notes to Financial Statements, Note 3, p.F-45, https://goo.gl/ZifUtA

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