TEL is an integrated telecommunications service provider in the Philippines with its business activities categorized into three units: wireless, fixed line, and others. The Company operates the Philippines' most extensive fiber optic backbone and fixed line, and cellular network. The Company's wireless services are marketed under the "Smart", "TNT", and "Sun Cellular" brands, while its fixed line services are marketed under "PLDT HOME" and "PLDT ENTERPRISE."
TEL's subsidiaries include, among others, Smart Communications, Inc.; PLDT Clark Telecom, Inc.; PLDT Subic Telecom, Inc.; PLDT Global Corporation; PLDT-Philcom, Inc.; PLDT-Maratel, Inc.; Bonifacio Communications Corporation; Digital Telecommunications Phils, Inc.; PLDT Global Investments Holdings, Inc.; and PLDT Digital Investments Pte Ltd.
TEL's common shares are listed and traded on the PSE, while the Company's American Depositary Shares are listed and traded on the New York Stock Exchange in the US (NYSE: PHI).
Source: SEC Form 17-A (2022)
As a telecommunications industry expert with extensive knowledge in the field, I'd like to dive into the comprehensive details of PLDT Inc. (TEL), formerly known as the Philippine Long Distance Telephone Company. My expertise is not only derived from academic background but also from practical experience in analyzing the evolution and dynamics of telecommunications companies globally.
The article provides a historical perspective on the transformation of PLDT Inc. since its inception in 1928. The merger of four telephone companies under US ownership marked its establishment. Notably, in 1967, effective control shifted to Filipino businessmen, severing ties with the General Telephone and Electronics Corporation. This transition reflects the company's adaptability to changing ownership landscapes.
From 1998 to 2011, a series of significant ownership acquisitions occurred, involving Philippine Telecommunications Investment Corporation, Metro Pacific Resources Inc. (affiliates of First Pacific Company), NTT DOCOMO, INC., NTT Communications Corporation, and JG Summit Group. This period underscores strategic partnerships and diversification of ownership, shaping TEL's trajectory within the telecommunications sector.
The article mentions the Securities and Exchange Commission's approval of a corporate name change on July 29, 2016, highlighting the regulatory aspects and governance framework surrounding TEL.
TEL's business activities are categorized into three units: wireless, fixed line, and others. The company operates an extensive fiber optic backbone and a network encompassing fixed line and cellular services. Noteworthy is the branding strategy, with wireless services marketed under "Smart," "TNT," and "Sun Cellular," and fixed line services under "PLDT HOME" and "PLDT ENTERPRISE."
Diving into its subsidiaries, TEL boasts an array of entities, including Smart Communications, Inc.; PLDT Clark Telecom, Inc.; PLDT Subic Telecom, Inc.; PLDT Global Corporation; PLDT-Philcom, Inc.; PLDT-Maratel, Inc.; Bonifacio Communications Corporation; Digital Telecommunications Phils, Inc.; PLDT Global Investments Holdings, Inc.; and PLDT Digital Investments Pte Ltd. This diverse portfolio speaks to TEL's strategic expansion and diversified business interests.
It's worth noting that TEL's common shares are listed and traded on the PSE (Philippine Stock Exchange), while its American Depositary Shares find their place on the New York Stock Exchange (NYSE: PHI). This dual listing emphasizes TEL's global presence and the investor confidence it commands in international markets.
The information is sourced from SEC Form 17-A (2022), underlining the reliance on regulatory filings and official documents to substantiate the provided details. As someone deeply immersed in the telecommunications sector, I can attest to the relevance and significance of these developments in shaping the industry landscape.
If you have further inquiries or need additional insights into TEL's operations or the telecommunications sector as a whole, feel free to ask.
