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About
PLDT, Inc. engages in providing telecommunication services. The company provides service through three principal business groups, fixed line, wireless, and information and communication technology. It operates through the following segments: Wireless, Fixed Line, Business Process Outsourcing and Others. The Wireless segment is consists of cellular through text messaging and wireless broadband. The Fixed Line segment provides fixed line telecommunications services throughout the country, servicing retail, corporate and small medium enterprise, or SME clients. It offers local exchange, international long distance, national long distance, data and other network and miscellaneous services. The Business Process Outsourcing includes process solutions though subsidiaries. The Other business includes investment. The company was founded on November 28, 1928 and is headquartered in Makati City, Philippines. | |||
Description
PLDT Inc. provides telecommunications services in the Philippines. The company's Wireless segment offers cellular mobile, Internet broadband distribution, operations support services, mobile applications and digital platforms development, mobile payment, solutions and systems integration, satellite communications, and satellite information and messaging services. This segment also sells WiFi access equipment; develops financial technology solutions; offers insurance products; and operates as a content provider. As of December 31, 2016, it serves 62,763,209 subscribers. Its Fixed Line segment provides fixed line telecommunication services, such as local exchange, international long distance, national long distance, and data and miscellaneous services to retail, corporate, and small and medium sized enterprises. This segment also offers information and communications technology, infrastructure, and services for Internet applications; Internet protocol-based solutions and multimedia content delivery services; and business infrastructure and solutions, intelligent data processing and implementation services, and data analytics insight. In addition, it distributes Filipino channels and content services; and provides bills printing and other value-added services. Further, this segment provides data and network services; managed information technology (IT) outsourcing; Internet-based purchasing, IT consulting, and professional services; and gaming support services, as well as engages in air transportation business. As of December 31, 2016, it had 2,438,473 fixed line subscribers. PLDT Inc. has a strategic partnership with Rocket Internet SE to develop online and mobile payment solutions in emerging markets. The company was formerly known as Philippine Long Distance Telephone Company and changed its name to PLDT Inc. in July 2016. PLDT Inc. was founded in 1928 and is based in Makati City, the Philippines. |