PLDT and Smart Communications, Inc. secured 22,000 fixed and wireless permits as of June 22, 2021 after the government fast-tracked approvals for telcos. This enabled the two to step up their internet speeds, on the back of their network rollouts. Smart's average mobile download speeds have almost...
PLDT Inc. (PLDT) hauled in P44.8 billion revenues, up 8%, in the first quarter of 2021, led by data/broadband, which grew 15%, to P33.9 billion, though net earnings dipped 2% to P5.8 billion. Nevertheless, the telco's core income (excluding the impact of asset sales and Voyager Innovations) climbed...
The Philippine stock market is seen to weaken further this short trading week as COVD-19 cases continue to surge, sparking talks of the imposition of even more stringent lockdown measures—the government’s main tool in trying to keep infections down. “The local market may decline next week as...
A modernizing PLDT Inc. will upgrade all customers still using its old, ordinary, copper telephone wires to fiber in the next 18 months, boosting internet speeds for free. "We will grow our business by helping our customers – and the country – rebuild their lives and livelihoods with powerful...