PLDT Inc. (PHI): history, ownership, mission, how it works & makes money

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PLDT Inc. (PHI) Information


A Brief History of PLDT Inc. (PHI)

Foundation and Early Years

PLDT Inc. was originally established on November 28, 1928, as the Philippine Long Distance Telephone Company. It was formed through the merger of the Philippine Telegraph and Telephone Company and the Manila Telephone Company. The first telephone operation launched in Manila on February 1, 1930.

Expansion and Developments in Telecommunications

During the 1950s, PLDT began to expand its network across the Philippines, introducing new telephone exchanges. By the end of the decade, PLDT had approximately 100,000 subscribers.

Privatization and Public Listing

In 1998, the government of the Philippines privatized PLDT, paving the way for it to operate as a publicly listed company. PLDT was listed on the Philippine Stock Exchange (PSE) under the ticker symbol PHI.

Financial Performance

As of the end of 2022, PLDT reported a consolidated revenue of approximately ₱ 138.61 billion (around $2.5 billion), showing a year-on-year growth rate of 2%.

For the fiscal year 2022, PLDT had a net income of ₱ 29.78 billion (around $534 million), representing an increase of 6% compared to the earnings from 2021.

Year Revenue (₱ billion) Net Income (₱ billion) Subscribers (million)
2020 138.00 25.90 48.50
2021 135.50 28.10 49.80
2022 138.61 29.78 50.00

Technology Innovations

PLDT has invested heavily in upgrading its infrastructure, particularly in fiber optic technology. By the end of 2022, PLDT’s fixed broadband network covered over 1.1 million homes across the Philippines.

Recent Acquisitions and Partnerships

In 2021, PLDT announced the acquisition of ePLDT and its subsidiaries to enhance its digital services portfolio. This acquisition aimed to bolster PLDT's capabilities in data center, cloud, and cybersecurity solutions.

Social Responsibility Initiatives

PLDT is also known for its community engagement initiatives. In 2022, the company contributed approximately ₱ 1 billion (around $18 million) towards various social initiatives including education and disaster response programs.

Current Subscriber Base and Services Offered

As of 2023, PLDT's subscriber base reached approximately 50 million. The company offers a wide range of services including:

  • Fixed-line and mobile services
  • Broadband internet
  • Data center management
  • Cybersecurity services

Future Outlook

Looking ahead, PLDT aims to invest more than ₱ 80 billion (around $1.45 billion) over the next five years in capacity expansion and technological upgrades, including the rollout of 5G technology across the Philippines.



A Who Owns PLDT Inc. (PHI)

Ownership Structure

The ownership of PLDT Inc. (PHI) is characterized by a mix of institutional and individual shareholders. As of the latest available data, the company's shareholding is composed of:

  • Foreign Ownership: Approximately 18.88%
  • Domestic Ownership: Approximately 81.12%
Shareholder Category Ownership Percentage
Foreign Investors 18.88%
Local Investors 81.12%

Major Shareholders

PLDT’s major shareholders include both individual and institutional investors. Notable shareholders as of the latest disclosure are:

  • First Pacific Company Ltd. - 26.50%
  • PCCW Limited - 26.50%
  • Bank of America - 8.74%
  • Other Institutional Investors - 17.55%
  • Public Float - 20.71%
Major Shareholder Ownership Percentage
First Pacific Company Ltd. 26.50%
PCCW Limited 26.50%
Bank of America 8.74%
Other Institutional Investors 17.55%
Public Float 20.71%

Market Capitalization

As of October 2023, the market capitalization of PLDT Inc. is approximately ₱242 billion (Philippine Pesos), reflecting significant investor interest and involvement in the telecommunications sector.

Stock Performance

PLDT's stock is traded on the Philippine Stock Exchange under the ticker symbol PHI. The following are the recent trading statistics:

  • Current Stock Price: ₱1,405.00
  • 52-Week High: ₱1,650.00
  • 52-Week Low: ₱1,200.00
  • Volume: 1,000,000 shares traded
Metric Value
Current Stock Price ₱1,405.00
52-Week High ₱1,650.00
52-Week Low ₱1,200.00
Trading Volume 1,000,000 shares

Recent Financial Performance

In terms of financial performance, PLDT Inc. reported the following figures for the latest fiscal year:

  • Revenue: ₱90 billion
  • Net Income: ₱25 billion
  • EBITDA: ₱45 billion
  • Debt to Equity Ratio: 1.5
  • Annual Dividend: ₱50 per share
Financial Metric Amount
Revenue ₱90 billion
Net Income ₱25 billion
EBITDA ₱45 billion
Debt to Equity Ratio 1.5
Annual Dividend ₱50 per share


PLDT Inc. (PHI) Mission Statement

PLDT Overview

As of 2023, PLDT Inc. (PHI) stands as a pillar of telecommunications in the Philippines, striving to deliver a range of digital services and solutions. The company aims to empower the nation through connectivity and innovation.

Mission Statement Components

The mission statement of PLDT emphasizes its commitment to:

  • Provide reliable telecommunications services.
  • Enhance customer experience through innovation.
  • Contribute to the country's digital economy.
  • Foster sustainable development.

Current Financial Performance

For the year 2022, PLDT reported the following financial metrics:

Financial Metric Amount (in PHP billions)
Revenue 45.8
Net Income 26.0
EBITDA 34.2
Capital Expenditure 36.4
Debt to Equity Ratio 2.0

Customer Commitment

PLDT's mission reflects a strong focus on customer satisfaction through the delivery of high-quality services:

  • Network coverage in over 90% of the Philippines.
  • Customer satisfaction score of 85% as of 2023.
  • Launch of 5G services in multiple regions, enhancing user experience.

Technological Advancements

PLDT invests heavily in technology to fulfill its mission:

Technology Investment Areas Investment Amount (in PHP billions)
Fiber Optic Infrastructure 22.0
5G Network Expansion 10.5
Data Centers 3.9
Cloud Services 1.8

Community Engagement

PLDT integrates social responsibility into its mission, as indicated by:

  • Investment of PHP 1.2 billion in community programs in 2022.
  • Partnerships with local governments for digital literacy initiatives.
  • Support for disaster response and recovery efforts.

Sustainability Goals

Mission-driven sustainability efforts are a crucial part of PLDT's agenda:

Sustainability Initiative Target Year Goal
Carbon Emission Reduction 2030 50% reduction
Renewable Energy Utilization 2025 30% of total energy
Zero Waste to Landfill 2025 Achieve zero waste


How PLDT Inc. (PHI) Works

Business Structure

PLDT Inc. operates as a telecommunications and digital services provider in the Philippines. As of 2022, PLDT reported consolidated revenue of ₱ 120.6 billion.

Core Services

  • Fixed-line services
  • Wireless services
  • Enterprise data services
  • Digital services

Revenue Segments

The company generates revenue from various segments, primarily:

Segment 2022 Revenue (₱ billion) Growth Rate (%)
Wired Services ₱ 43.3 billion 5%
Wireless Services ₱ 77.3 billion 3%
Enterprise ₱ 12.1 billion 10%

Market Position

PLDT holds a strong position in the telecommunications sector, with a market capitalization of approximately ₱ 284 billion as of the end of 2022.

Customer Base

As of 2022, PLDT had over 43 million mobile subscribers and around 3 million fixed broadband subscribers.

Infrastructure Investments

In 2022, PLDT invested ₱ 88 billion in capital expenditures to enhance its network infrastructure and services.

Technology Deployment

  • 5G network rollout
  • Fiber-optic networks
  • Data centers

Financial Performance

For the fiscal year ending December 2022, PLDT reported the following key financial metrics:

Financial Metric Value
Net Income ₱ 24.1 billion
EBITDA ₱ 56 billion
Total Assets ₱ 370 billion

Challenges

PLDT faces challenges such as competition from other telecom providers and the need to continually upgrade technology and infrastructure.

Future Outlook

Looking ahead, PLDT is focusing on expanding its digital services and aims to achieve a revenue growth target of 5-7% over the next few years.



How PLDT Inc. (PHI) Makes Money

Core Services

PLDT Inc. primarily generates revenue through several core services, including:

  • Fixed Broadband
  • Mobile Services
  • Enterprise Solutions
  • Digital Services

Revenue Breakdown

The revenue for PLDT Inc. as of the full year 2022 was recorded at approximately ₱ 66.2 billion, showcasing an increase of 10% year-on-year. The breakdown of revenue sources is as follows:

Service Category 2022 Revenue (₱ billion) Percentage of Total Revenue
Mobile Services 29.1 43.9%
Fixed Broadband 23.3 35.2%
Enterprise Solutions 10.2 15.4%
Digital Services 3.6 5.5%

Mobile Services

PLDT’s mobile subsidiary, Smart Communications, provides prepaid and postpaid mobile services, which includes voice, SMS, and data packages. The subscriber base was approximately 78 million as of Q2 2023, contributing to significant revenue through:

  • Mobile Data Services
  • Prepaid Load Sales
  • Postpaid Plans

Fixed Broadband

As of Q2 2023, PLDT's fixed broadband segment had reached around 3 million subscribers. Revenue from this segment was driven by:

  • Fiber Plans
  • Internet Connectivity Services
  • Enterprise Internet Solutions

Enterprise Solutions

PLDT provides a variety of enterprise solutions, contributing to their revenue stream with offerings such as:

  • Data Center Services
  • Cloud Solutions
  • Managed Services

In 2022, the enterprise segment generated approximately ₱ 10.2 billion in revenue.

Digital Services

The digital services segment, which includes e-commerce, fintech, and other digital solutions, was valued at around ₱ 3.6 billion in 2022. This segment's growth has been attributed to:

  • Partnerships with Digital Platforms
  • Emerging Fintech Solutions
  • Content and Streaming Services

Cost Structure and Profitability

For the fiscal year 2022, PLDT reported a cost of service of approximately ₱ 49.1 billion, which includes:

  • Network Operations Costs
  • Sales and Marketing Expenses
  • General and Administrative Expenses

The net income for PLDT in 2022 was approximately ₱ 13.5 billion, with a net profit margin of 20.4%.

Capital Expenditure

PLDT has been investing significantly in its infrastructure. The capital expenditure for 2022 was approximately ₱ 89 billion, aimed at expanding:

  • Fiber Network Coverage
  • 5G Technology Deployment
  • IT Investments

Future Outlook

PLDT anticipates consistent growth in its mobile business and fixed broadband segments, expecting a revenue growth target of approximately 5% to 10% annually over the next few years. Expansion into digital services is expected to accelerate revenue contribution.

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