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PLDT inks deal with foreign firms for Voyager

PLDT, Inc. announced on Thursday it has signed an agreement to sell separately $175 million worth of shares in its digital innovations unit Voyager Innovations, Inc. to a group of foreign investors led by investment firm Kohlberg Kravis Roberts & Co. (KKR) and Chinese tech company Tencent Holdings Ltd.

PLDT expands deal with Amdocs

PLDT Inc. said on Friday it signed a new agreement with US-based Amdocs to manage and automate the telecommunications giant’s information technology (IT) operations.

PLDT’s Voyager sale to be finalized by end-Sept.

PLDT, Inc.’s sale of Voyager Innovations to foreign investors has now advanced to the next stage, with the finalization of the deal’s term of reference set before the month ends.

PLDT supervisors’ union file notice of strike

THE SUPERVISORS’ union of PLDT, Inc. (PLDT) yesterday filed a notice of strike against the telecommunication firm’s alleged unfair labor practices as they held a protest outside the Department of Labor and Employment (DoLE) main office in Manila.

PLDT denies seeking compromise agreement with DoLE

PLDT, Inc. denied on Monday reports it is seeking a compromise agreement with the Department of Labor and Employment (DoLE) on its dispute over regularization of employees of the telecommunications giant’s service contractors.

Fitch downgrades PLDT rating

FITCH RATINGS on Tuesday said it downgraded PLDT, Inc.’s long-term foreign- and local-currency issuer default rating (IDR) to “BBB” from “BBB+,” as it embarks on an aggressive capital expenditure (capex) program amid the government’s push for a third telecommunications player.

PLDT, Smart on track to meet data service targets

PLDT, Inc. and wireless subsidiary Smart Communications, Inc. said the group is on track to meet its 2018 targets for the expansion of fixed and wireless networks in the country.

Smart taps Ericsson for 5G roll out in first half of...

PLDT, Inc.’s wireless subsidiary Smart Communications, Inc. said its rollout of fifth generation (5G) technology is set for the first half of 2019 as it ties up with Ericsson.

Foreign investor group eyes majority stake in PLDT unit

A GROUP of foreign private equity investors is looking to acquire a majority stake in Voyager Innovations, Inc., according to PLDT Chairman, President and CEO Manuel V. Pangilinan.

PLDT works with UNICEF

PLDT, Inc. is partnering with the United Nations Children’s Fund (UNICEF) to support children’s welfare in the conduct of its business operations.

DoLE to set up emergency employment program for PLDT workers

The labor department said that it will assist the 7,000 contractual workers of PLDT Inc. (PLDT) through a emergency employment program. "In the meantime, as...

Senate inquiry into PLDT, NutriAsia labor issues sought

THE SENATE Committee on Labor, Employment and Human Resources Development is seeking an inquiry into regularization issues of employees from PLDT Inc. (PLDT) and Nutri-Asia Inc. (NutriAsia).

Progress seen in talks for Voyager

PLDT, Inc. is expecting progress in its talks with partners for its digital innovations unit Voyager Innovations, Inc. in weeks’ time.

PLDT, Smart top Ookla Internet speed tests

PLDT, Inc. and its wireless subsidiary Smart Communications, Inc. obtained the top scores in Ookla’s speed testing study covering the the first half of the year.

An M.V.P. at life

Manny V. Pangilinan is one of the biggest names in the Philippine business scene, whose initials stand for the most-sought after award in a...

The founding of a telecommunications empire

For nearly a hundred years, PLDT has established itself as the leading telecommunications service provider in the Philippines, proving itself a venerable national institution...

DoLE insists PLDT should regularize workers without conditions

THE Department of Labor and Employment (DoLE) on Wednesday reiterated that telecommunications giant PLDT, Inc. should regularize the contractual workers of its service providers.

PLDT works to comply with DoLE order; no contracts terminated

PLDT, Inc. on Monday denied it had terminated service contracts with agencies in order to avoid complying with the Department of Labor and Employment’s (DoLE) order to regularize its contractual workers.

PLDT’s int’l submarine cable link to be switched on within 3rd...

PLDT, INC. is looking to fire up its submarine cable link connecting the Philippines to three continents within the third quarter of the year.

‘Third player’ entry drives defensive capital spending by PLDT, Globe

THE ENTRY of the “third player” into the telecommunications market is expected to drive even heavier capital spending at incumbents PLDT, Inc. and Globe Telecom, Inc. on top of their current network investments.

PLDT Enterprise on track for double-digit revenue growth

PLDT, Inc. said its enterprise business is on track to post double-digit revenue growth this year.

PLDT offers networking solutions to improve connectivity of enterprise customers

PLDT Enterprise of PLDT, Inc. announced on Thursday, June 21, it will start offering software-defined wide-area network (SD-WAN) technology to its enterprise customers, aiming...

Cut in interconnection charges to have ‘minimal’ impact on PLDT revenues

PLDT, Inc. said the reduction of interconnection charges will have no significant effect on the company’s revenues, or result in lower rates for consumers.

PLDT expects growth in 2018 revenues, profit

PLDT, Inc. Chairman, President and CEO Manuel V. Pangilinan on Wednesday expressed confidence the telecommunications giant will “return to growth” in both revenues and profit this year.

PLDT contractuals directed to claim regularization

CONTRACTUAL employees of the Philippine Long Distance Telephone Company (PLDT) were directed on Friday morning, June 1, to “claim their regularization” at the company’s human-resources division in Mandaluyong City, the company said in an advisory on Thursday.

PLDT opens Cebu data center, its 10th in PHL

By Patrizia Paola C. Marcelo, Reporter MANDAUE CITY, Cebu — PLDT, Inc. has launched its tenth data center in the country. The telecommunications giant on Tuesday...

PLDT chief says not keen on partnering with Globe for ‘independent’...

By Patrizia Paola C. Marcelo, Reporter PLDT, INC. is not interested in partnering with rival Globe Telecom, Inc. for the creation of an “independent” cellular...

PLDT core profit increases in Q1

PLDT, Inc. reported higher core profit in the first quarter, driven by a turnaround in its wireless business. In a statement, PLDT said its reported...

PLDT reduces Rocket stake to 2%

PLDT, INC. on Monday said it has completed the sale of most of its shares in German e-commerce investor Rocket Internet. In a statement, PLDT...

PLDT completes partial sale of Rocket Internet shares

PLDT Inc said it has completed its partial sale of its Rocket Internet SE shares. PLDT said in a statement that Rocket Internet AG has...

PLDT appeal on regularization of contractuals denied

THE Department of Labor and Employment (DoLE) in a statement on Thursday said it has denied a motion for reconsideration by the Philippine Long...

PLDT not ‘under pressure’ to sell remaining Rocket Internet shares

PLDT, Inc. said it is not under pressure to divest the remaining stake in Rocket Internet after it has started unloading its shares in...

Painting of a jeepney driver’s love for family tops Yellow Pages...

AMIDST talk of jeepney strikes, a young Filipino artist captured and immortalized the popular mass transport on canvas. But Paul Taladtad, 24, did not...

Smart prepaid subscribers get free one-hour daily YouTube access until July

PLDT Inc. wireless unit Smart Communications Inc. (Smart) is giving prepaid customers free access for one hour daily to YouTube until July 15. Smart said...

PLDT starts unloading Rocket stake

PLDT, Inc. has started unloading its shares in German e-commerce investor Rocket Internet AG, as part of its plan to fund its massive capital...

Enterprise IT solutions boost PLDT revenues to record level

PLDT Inc. posted a record P34.1 billion of revenues in 2017 from its enterprise business, up 11% from the previous year. In a statement, PLDT...

Smart leads in LTE speed, while Globe beats rival in availability...

PLDT's Smart Communications, Inc. provides faster long-term evolution (LTE) speeds than Globe Telecom Inc, a UK-based company said. In its report titled "State of Mobile Networks:...

Malaysia’s CIMB wants to enter Philippine market via FINTQ

A Malaysian lender has tapped FINTQnologies Corp. (FINTQ) to penetrate the Philippine market as a digital bank. In a statement on Tuesday, FINTQ, the financial...

DICT sticks to May target in naming third telco player

The Department of Information and Communications Technology (DICT) said it will retain its target of naming a third major telco player by May and...

Mercury Drug, PayMaya team up for cashless payments

LOCAL drugstore chain Mercury Drug Corp. struck a deal with PayMaya Philippines, giving its customers a cashless payment option through the scan-to-pay scheme called...

PLDT to surrender CURE frequencies at no charge

PLDT, Inc. has agreed to the government’s plan to assign frequencies held by Connectivity Unlimited Resource Enterprise (CURE) to the telecom industry’s “third player”...

PLDT Group launches ‘MVP Rewards’ program

PLDT, Inc. on Tuesday introduced a rewards program for its customers, as well as Smart, TNT, and Sun users. Under the Most Valuable Partner (MVP)...

MVP: P3B a ‘good price’ for CURE frequency

By Patrizia Paola C. Marcelo, Reporter PLDT, Inc. Chairman, President and Chief Executive Officer Manuel V. Pangilinan said P3 billion is a “good price” for possible...

PLDT, Globe wary of government’s plan to reallocate frequencies

By Patrizia Paola C. Marcelo, Reporter PLDT, Inc. and Globe Telecom, Inc. are wary of the plan of the Department of Information and Communications Technology...

One telco eyed for remaining frequencies

THE DEPARTMENT of Information and Communications Technology (DICT) is looking at allocating the remaining telco frequencies to one player or consortium of players in...