Dennis Uy-led Dito Telecommunity Corp. bared plans it would be expanding into the postpaid and enterprise segments to send them into cash-flow positive territory.
Tycoon Manuel V. Pangilinan appeared calm as he led his executives when they faced analysts and fund managers last week at Dusit Thani Manila to explain why PLDT Inc., the listed telco giant he chairs, incurred a P48-billion budget overrun.
PLDT Inc. on Thursday, Dec. 22, said its core business remains strong despite its P48 billion budget overrun.
"There was no fraud, no anomalies, no evidence of overpricing, and no unrecorded transactions in relation to the overrun," Chairman Manuel V. Pangilinan said in a disclosure to the Philipp
Investors will be watching out for signs if Santa Claus will be visiting the local stock market in the last two weeks of trading when the index often rallies before 2021 ends due to positioning for the new year. “Recovery was a major plot-point for equities in 2021, and is likely to spill over to 2