PLDT, Inc., formerly known as the Philippine Long Distance Telephone Company (Filipino: Kompanya ng Teleponong Pangmalayuan ng Pilipinas), is a Philippine telecommunications, internet and digital service holdings company. It is one of the country's major telecommunications providers, along with Globe Telecom and startup Dito Telecommunity. Founded in 1928, it is the oldest and largest telecommunications company in the Philippines, in terms of assets and revenues.The company's core businesses are fixed-line telecommunications, mobile telephony services, broadband, and internet of things services under various brands. It also has investments in broadcasting, print media, utilities, and direct-to-home satellite services, among others. As of 2019, PLDT is listed in the Philippine Stock Exchange and New York Stock Exchange (the only Philippine company to be listed in NYSE) and is being controlled by First Pacific, a Hong Kong-based investment management company; Nippon Telegraph and Telephone, through its subsidiaries; and JG Summit, a major conglomerate that operates the airline Cebu Pacific, food manufacturer Universal Robina, and real estate firm Robinsons Land.
Throughout the past decades, PLDT has received numerous complaints from the Philippine House of Representatives and Senate regarding slow internet connection.
You do not have permission to view the full content of this post.
Log in or register now.