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Published August 5, 2021, 3:40 PM Driven by the growth of its data/broadband business, PLDT Inc. netted ₱12.9 billion earnings, up 5% on ₱89.9 billion revenues, up 8.5%, in the first half of this year. The telco’s core income ( excluding the impact of asset sales and Voyager Innovations) climbed 10% year-on-year to ₱15.2 billion due to lower tax rates. Consolidated EBITDA hit an all-time high, of 8% year-on-year to ₱46.6 billion, excluding MRP (Manpower Reduction Program) expenses, driven by higher service revenues while EBITDA margin was at 51%. “Though we are seeing the economic...

PH telcos conduct successful technical interoperability tests of MNP USA - English Share this article Share this article MANILA, Philippines, July 15, 2021 /PRNewswire/ -- The Philippines' major Mobile Network Operators (MNO) namely DITO, Globe Telecom and Smart Communications are one with the government in the implementation of the Mobile Number Portability (MNP) Act and through their joint venture company, Telecommunications Connectivity Inc. (TCI) has successfully concluded the initial tests of their technical capabilities and interoperability last July 14, 2021. The joint effort will soo...

Smart named best mobile network in Central Visayas

Smart is best mobile network in Davao region

Published May 6, 2021, 4:12 PM 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 9% to P7.5 billion and Consolidated EBITDA hit an all-time high, growing 7% year-on-year to P23.3 billion, excluding MRP (Manpower Reduction Program) expenses, driven by higher service revenues. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization...