Melissa Vergel de Dios: Okay, it s 3:30. Maybe we can start. So good afternoon, and thank you for joining us today to discuss the company s financial and operating results for the full year of 2022.
PLDT reports 60% profit slide, sets P85-B capex - BusinessWorld Online bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
Philippines-based operator group PLDT revealed uptake of 5G devices in 2022 was low, blaming this on devices being unaffordable for prepaid customers, which make up the bulk of its subscriber base.
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. said Thursday it would start winding down on spending next year as the telco giant tackles massive capital expenditure overruns it endured in the past four years.