C07346-2020

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)
Oct 20, 2020
2. SEC Identification Number
21817
3. BIR Tax Identification No.
000-530-631
4. Exact name of issuer as specified in its charter
Philippine Telegraph and Telephone Corporation
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Spirit of Communications Centre 106 Carlos Palanca St., Legaspi Village, Makati City Postal Code 1229
8. Issuer's telephone number, including area code
(02) 8726-8888
9. Former name or former address, if changed since last report
N/A
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common Stock at 1.00 per share 1,500,000,000
11. Indicate the item numbers reported herein
Item 9. Others

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

Philippine Telegraph and Telephone CorporationPTT

PSE Disclosure Form 4-26 - Legal Proceedings References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Filing of a Petition for Review with the Supreme Court

Background/Description of the Disclosure

PT&T filed a Petition for Review with the Supreme Court from a Decision rendered by the Court of Appeals.

Name of the court or agency in which the proceedings are pending Supreme Court
Date Instituted Oct 20, 2020
Docket Number G.R. No. 253246
Principal Parties

PT&T, Court of Appeals, and National Telecommunications Commission

Nature and description of the legal proceedings

PT&T filed an appeal with the Supreme Court to assail the Decision of the Court of Appeals on the amount of the Supervision and Regulation Fee (SRF) that the National Telecommunications Commission (NTC) is collecting from PT&T. While the Court of Appeals required NTC to re-compute the SRF to be collected from PT&T, the Court of Appeals nevertheless affirmed the incorrect assumption by NTC on the amount of PT&T’s paid-up capital. This is relevant since the amount of the SRF is computed based on PT&T’s paid-up capital.

The effect(s) on the Issuer's business or operations, if any

None.

Other Relevant Information

None.

Filed on behalf by:
Name Kenneth Joey Maceren
Designation Legal Counsel