PLDT Posts Consolidated Revenues of PhP171.1B for FY2015

Manila—(PHStocks)—Philippine Long Distance Telephone Co. (PLDT, PSE: TEL) (NYSE: PHI) has announced its audited financial and operating results for 2015 with Consolidated Core Net Income, before exceptional items, amounted to PhP35.2 billion, 6% or PhP2.2 billion lower than the PhP37.4 billion recorded last year. The decrease was due mainly to lower EBITDA reflecting the impact of expenses […]
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PLDT 9M 2015 Consolidated Core Net Income Slips 5% to PhP27.1B

Manila—(PHStocks)—Philippine Long Distance Telephone Co. (PSE: TEL) (NYSE: PHI) today announced its unaudited financial and operating results for the first nine months of 2015 with consolidated core net income, before exceptional items, amounting to PhP27.1 billion, 5% or PhP1.5 billion lower than the PhP28.6 billion recorded in the same period last year. The decrease was due mainly to lower EBITDA […]
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PLDT, NTT Com, StarHub and TM to Build $430M Fiber-optic Cable System

Philippine Long Distance Telephone Company (PLDT, PSE: TEL) has signed a construction and maintenance agreement with Japan’s NTT Communications and Singapore’s StarHub to build Asia Submarine-cable Express (ASE), a $430-million next-generation high-bandwidth optical fiber underwater cable system. Telekom Malaysia (TM) signed a separate agreement with NTT Communications in Kuala Lumpur.  The 7,200-kilometer ASE system will […]
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