Publicly-listed Philippine Telegraph and Telephone Corp. released its full year 2019 results showing solid growth being achieved last year. This growth was bolstered by a 59 percent year-on-year revenue increase attributed to subscriber base growth of 38 percent and introduction of IT/Digital Services portfolio. With the...
THE Philippine Telegraph and Telephone Corp. (PT&T) has partnered with the University of Santo Tomas to provide internet and IT services to critical health facilities in Manila as the country battles the coronavirus disease 2019 pandemic. The listed telecommunications service provider said in a statement on...
MEGAWORLD Corp. has donated P60 million to the Philippine Red Cross (PRC) to set up new coronavirus disease (COVID-19) testing laboratories in Metro Manila. The donation was used to purchase of four brand-new sets of COVID-19 test laboratories, with each laboratory having two RT-PCR (reverse transcription...
PHILIPPINE telecommunications service providers are working double time to ensure minimal disruption to their operations as more consumers have begun working from home due to the coronavirus disease 2019 (COVID-19) pandemic. In a disclosure to the stock exchange on Monday, PLDT, Inc. said: “Since the start...
PHILIPPINE TELEGRAPH and Telephone Corp. (PT&T) on Wednesday said the Court of Appeals (CA) has ordered the National Telecommunications Commission (NTC) to recompute the amount of supervisory and regulatory fees (SRF) that the company has to pay. In a disclosure to the stock exchange, PT&T said:...
In its recent PSE 17Q filing, PT&T’s revenue grew by 44% for the nine-month period and 45% for the quarter. “This shows that our 2018 investment of Php100 million to improve our network capacity and fiber footprint has allowed us to grow our subscriber base by...
AMERICAN company Virtalus has tied up with homegrown firm Philippine Telegraph and Telephone Co. (PT&T) to provide public and private cloud solutions for the local market. “Our partnership with Virtalus enables PT&T to launch value for money cloud services to empower more businesses,” said James Velasquez,...
The new president and chief executive officer of Philippine Telegraph and Telephone Corp. (PT&T) said the company is in an ideal position to vie for the third telco slot given its technical expertise, solid track record and infrastructure to back it up. PT&T elected James Velasquez...
PHILIPPINE Telegraph and Telephone Corporation (PT&T) is even more bullish on its bid to become the country’s third major telco player after beefing up its board with leaders from the information technology industry. In a statement issued over the weekend, PT&T said it acknowledged the vital...
Philippine Telegraph and Telephone Corp. (PT&T) implemented a management revamp as it vies to become the country’s third telco player. PT&T named James Velasquez, former IBM Philippines president and country manager, its new CEO, replacing Benjamin Bitanga, one of the company’s controlling shareholders. PT&T announced Friday the...