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PLDT Inc.

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Company Description
PLDT Inc. (TEL), formerly Philippine Long Distance Telephone Company, was incorporated on November 28, 1928 following the merger of four telephone companies under US ownership. In 1967, effective control of TEL was sold by General Telephone and Electronics Corporation to a group of Filipino businessmen. Over the period 1998 to 2011, Philippine Telecommunications Investment Corporation, Metro Pacific Resources Inc. (both of which are Philippine affiliates of First Pacific Company), NTT DOCOMO, INC., NTT Communications Corporation, and JG Summit Group acquired significant ownership of the common shares of TEL. On July 29, 2016, the Securities and Exchange Commission approved the change in corporate name to the present one.

TEL is an integrated telecommunications service provider in the Philippines with its business activities categorized into three units: wireless, fixed line, and others. The Company operates the Philippines' most extensive fiber optic backbone and fixed line, and cellular network. The Company's wireless services are marketed under the 'Smart'; 'TNT'; and 'Sun Cellular' brands, while its fixed line services are marketed under 'PLDT HOME' and 'PLDT ENTERPRISE'.

TEL's subsidiaries include, among others, Smart Communications, Inc.; PLDT Clark Telecom, Inc.; PLDT Subic Telecom, Inc.; PLDT Global Corporation; PLDT-Philcom, Inc.; PLDT-Maratel, Inc.; Bonifacio Communications Corporation; Digital Telecommunications Phils, Inc.; PLDT Global Investments Holdings, Inc.; and PLDT Digital Investments Pte Ltd.

TEL's common shares are listed and traded on the PSE, while the Company's American Depositary Shares are listed and traded on the New York Stock Exchange in the US (NYSE: PHI).

Source: SEC Form 17-A (2023)
Security Information
Sector Services
Subsector Telecommunications
Corporate Life 50
Incorporation Date Nov 28, 1928
Number of Directors 13
Stockholders' Meeting as per By-Laws June - second Tuesday at 4 pm
Fiscal Year 12/31 (Month/Day)
External Auditor SyCip, Gorres, Velayo & Company
Transfer Agent BDO Unibank, Inc. - Trust and Investments Group
Contact Information
Business Address Ramon Cojuangco Building, Makati Avenue, Makati City
E-mail Address [email protected]
Telephone Number 8888-0686; 8810-7138
Fax Number 8816-8553; 8816-8405; 8816-8024; 8816-8117
Website http://www.pldt.com