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PLDT, Inc., formerly known as the Philippine Long Distance Telephone Company (Filipino: Kompanya ng Teleponong Pangmalayuan ng Pilipinas), [3] is a Philippine telecommunications, internet and digital service company. [4] PLDT is one of the Philippine's major telecommunications providers, along with Globe Telecom and startup DITO Telecommunity ...
The PLDT Communications and Energy Ventures Inc. (PSE: PCEV), formerly known as Pilipino Telephone Corporation or Piltel, is a holding company of the PLDT Group for its venture into the electricity distribution industry. Previously, it was one of the mobile and fixed-line telephone service providers in the Philippines.
The Philippine Long Distance Telephone Company (PLDT) announced that it has completed the acquisition of Digitel from JG Summit Holdings, Inc. PLDT now owns 51.55 percent equity stake of Digitel. Digitel has a hundred percent stake in Digitel Mobile Philippines, Inc., whose brand name is Sun Cellular.
Smart Communications retail store in a mall. Smart Communications Inc., commonly referred to as Smart, is a wholly owned wireless communications and digital services subsidiary of PLDT Inc., [1] a telecommunications and digital services provider based in the Philippines. [2]
ABS-CBN, once The Philippines largest broadcast group, said Thursday that it would sell its internet and broadband division Sky Cable to PLDT, the country’s biggest telecoms company. The ...
These loans assisted PLDT's dominance, and PLDT became the single largest private recipient of foreign loans to the Philippines. In 1981, a National Telecommunications Development Plan was released. A section of the plan recommended the integration of all private telephone companies under one monopoly.
According to industry data, the Philippines’ TD-LTE network was one of the largest deployments in Asia Pacific with over 200 base stations and an allocated bandwidth of 100 megabits per second (Mbps). [28] In January 2015, both PLDT and Globe Telecom began phasing out WiMax services in favor for TD-LTE. [citation needed]
In separate statements on May 30, 2016, Globe Telecom and PLDT each acquired half of Vega Telecom from San Miguel Corporation for P69.1 billion. The acquisition entailed P52.08 billion for 100% equity interest in Vega Telecom and the assumption of around P17.02 billion of liabilities. [1] [2] [3] The deal was closed on May 30, 2017. [4]