PLDT

PLDT, Inc.
FormerlyPhilippine Long Distance Telephone Company (1928–2016)
Company typePublic
PSE: TEL
NYSE: PHI
IndustryTelecommunications
Predecessor
FoundedManila, Philippine Islands
(November 28, 1928; 95 years ago (1928-11-28))
Headquarters
Ramon Cojuangco Building, Makati Avenue corner Dela Rosa Street, Legazpi Village, Makati, Metro Manila, Philippines
Area served
Worldwide
Key people
  • Marilyn A. Victorio-Aquino
    (SVP, Chief Legal Counsel and Corporate Secretary)
  • Catherine Yap-Yang
    (FVP & Group Corporate Communications Officer)
    • ProductsCellular telephony
    Digital Services
    Fixed-line telephony
    Internet Protocol television
    Information technology
    Satellite communications
    Electricity distribution
    Mass media
    RevenueIncrease₱210.95 billion (2023)[2]
    Increase₱36.48 billion (2023)[2]
    Increase₱26.82 billion (2023)[2]
    Total assetsDecrease₱609.52 billion (2023)[2]
    Total equityDecrease₱105.22 billion (2023)[2]
    OwnerPublic (42.09 percent)
    NTT DoCoMo, Inc. (14.5 percent)
    Philippine Telecommunications Investment Corp. (12.05 percent)
    JG Summit Holdings (11.27 percent)
    Metro Pacific Resources, Inc. (9.98 percent)
    NTT Communications Corp (5.85 percent)
    First Pacific (3.54 percent)
    Number of employees
    		15,596 (2023)[2]
    ParentFirst Pacific
    SubsidiariesSmart Communications
    MediaQuest Holdings
    PLDT Communication and Energy Ventures
    ASNs
    • 9299 (residential and business services)
    • 7629 (data center and enterprise services, operated by subsidiary ePLDT)
    Websitemain.pldt.com

    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. Founded in 1928, it is the oldest and largest telecommunications company in the Philippines, in terms of assets and revenues.[5]

    The company's core businesses are fixed-line telecommunications, mobile telephony services, broadband, and internet of things services under various brands. It also has investments in broadcasting, print media, utilities, and direct-to-home satellite services, among others. As of 2019, PLDT is listed in the Philippine Stock Exchange and New York Stock Exchange and is being controlled by First Pacific, a Hong Kong–based investment management company, Nippon Telegraph and Telephone, through its subsidiaries, and JG Summit Holdings.

    Throughout the past decades, PLDT has received numerous complaints from the Philippine House of Representatives and Senate regarding slow internet connection.[6]

    1. ^ Jose, Ashley Erika O. (September 17, 2024). "PLDT names Menardo Jimenez, Jr. as COO". BusinessWorld. Retrieved October 23, 2024.
    2. ^ a b c d e f SEC Form 17-C with Management's Discussion and Analysis (2023) (PDF) (Report). March 26, 2023.
    3. ^ "Maligayang Bati Sa Iyo" [Season's Greetings to You]. Commercial advertisement. Liwayway (in Tagalog). Vol. XVI, no. 5. Manila: Ramon Roces Publications, Inc. December 10, 1937. p. 100.
    4. ^ "PLDT, Smart unveil new logo in line with 'digital pivot'". PLDT. June 13, 2016. Retrieved June 13, 2016.
    5. ^ PLDT Financial Results
    6. ^ Yap, DJ (December 26, 2014). "Congress urged to probe slow Internet service in PH". Philippine Daily Inquirer. Retrieved September 28, 2021.