PLDT
PLDT, Inc., formerly known as the Philippine Long Distance Telephone Company (Filipino: Kompanya ng Teleponong Pangmalayuan ng Pilipinas), is a Philippine telecommunications, internet and digital service company.
Logo used since June 13, 2016 | |
The Ramon Cojuangco Building in Makati, the headquarters of PLDT. | |
| Formerly | Philippine Long Distance Telephone Company (1928–2016) |
|---|---|
| Company type | Public |
| PSE: TEL NYSE: PHI | |
| Industry | Telecommunications |
| Predecessors |
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| Founded | Manila, Philippine Islands (November 28, 1928) |
| Headquarters | Ramon Cojuangco Building, Makati Avenue corner Dela Rosa Street, Legazpi Village, Makati, Metro Manila, Philippines |
Area served | Worldwide |
Key people |
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| Products | Cellular telephony Digital Services Fixed-line telephony Internet Protocol television Information technology Satellite communications Electricity distribution Mass media |
| Revenue | ₱205.245 billion (2022) |
| ₱13.509 billion (2022) | |
| ₱10.735 billion (2022) | |
| Total assets | ₱624.162 billion (2022) |
| Total equity | ₱108.727 billion (2022) |
| Owner | Public (41.55 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 | 17,155 (2022) |
| Parent | First Pacific |
| Subsidiaries | Smart Communications MediaQuest Holdings PLDT Communication and Energy Ventures |
| ASN | |
| Website | main |
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.
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.