Phil Long Distance Telephone Co.
1-8

Smart Wifi partners with Google

SMART Wifi has teamed up with tech giant Google to deliver free, high speed internet services in public locations around the Philippines, according to parent company PLDT, Inc.

In a statement on Monday, the telecommunications giant said the Smart Wifi service will be expanded by adding more hubs in more locations utilizing its existing nationwide infrastructure.

“We are happy to partner with Smart Wifi in giving more Filipinos access to new opportunities and learning tools through the internet — empowering them in a meaningful way,” Google Philippines Country Manager Kenneth Lingan said in the statement.

PLDT said it hopes the partnership with Google will help speed up the digital transformation of the country.
“Technology is a great equalizer of opportunities and as the country’s premier ICT (information and communications technology) and digital services provider, we are constantly looking for ways to innovate and uplift the everyday experiences of our customers,” PLDT-Smart Chief Revenue Officer and ePLDT President and CEO Ernesto R. Alberto was quoted as saying.

Jovy I. Hernandez, Senior Vice-President and Head of PLDT-Smart Enterprise Business Groups added, “It is an honor for us to join hands with an esteemed technology leader who shares in our vision of empowering our citizens with connectivity… [T]his milestone signifies our unwavering commitment to prompt the next chapter of digital transformation for the country.”


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1-10

PLDT, GMA team up for digital television

PLDT, Inc. and wireless unit Smart Communications, Inc. are working with GMA Network, Inc.’s New Media, Inc. (NMI) to assist the television network in its digital transformation.

In a statement, the listed telecommunications giant said it signed on Wednesday a technology, content, and distribution agreement with GMA that relates to the latter’s plans for digital television.

PLDT-Smart Chairman, President and Chief Executive Officer Manuel V. Pangilinan said the partnership with GMA Network helps its goal of transforming “from being a legacy telco into the premier and most trusted digital enabler in the country.”

“[T]his partnership will enable us to power GMA’s digital pivot and help deliver to our millions of fixed and wireless subscribers GMA 7’s unique and compelling content, as well as exciting new digital experiences to more Filipino families,” he said in the statement.

GMA Network Chairman and Chief Executive Officer Felipe L. Gozon said the agreement is a step towards the media company’s goal of “welcoming disruption and embracing digital with open arms.”

“By riding the wave of disruption with PLDT and Smart as partners, we will not only upgrade the quality of content we are producing but we are also setting the stage for a new age of digital television,” he was quoted as saying.

For years, PLDT and GMA Network have been engaged in on-and-off negotiations for the telco to acquire a controlling stake in the media company. In 2017, both Messrs. Pangilinan and Gozon said they were open to revive the talks, but no progress was made.

PLDT Beneficial Trust Fund subsidiary MediaQuest Holdings, Inc. currently holds all television and print media interests of Mr. Pangilinan. This includes TV5 Network, Inc., Cignal TV, Inc., the Philippine Star Group, and BusinessWorld.


source: https://www.bworldonline.com/pldt-gma-te...elevision/
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1-21

PLDT in talks with tower companies

PLDT, Inc. is open to participating in the government’s push for shared telecommunications infrastructure.

As the Department of Information and Communications Technology (DICT) signed five tower companies to enter the Philippine market as of last week, PLDT Chairman, President and Chief Executive Officer Manuel V. Pangilinan said they have been approached by some of these firms.

“A number of these tower companies have approached us and we said we are willing to cooperate in respect of new towers,” the PLDT chief told reporters on Friday.

“The formula is flexible. If they’re willing to sell after they build the towers, if they’re willing to sell to us, we’re willing to consider buying them. Or just leasing the towers, and tell us whether you’re going to lease it to other telcos, so we need to know,” he added.

Mr. Pangilinan refused to name the companies that talked to them, but noted PLDT is “willing to support” the endeavor.

The DICT have already signed memoranda of understanding (MoU) with one local tower company and four foreign ones, namely: ISOC Infrastructures, Inc. from the Philippines; ISON ECP Tower Pte. Ltd. from Singapore; IHS Holding Ltd. (IHS Towers) from Nigeria; edotco Group Sdn Bhd from Malaysia; and China Energy Equipment Co. Ltd. from China.

DICT Acting Secretary Eliseo M. Rio, Jr. said on Friday they are also looking to sign an MoU with American Tower Corp. this week.

The MoUs guarantee the government’s assistance in securing permits for installing common towers, which Mr. Rio admittedly said has been riddled with bureaucratic hurdles.

Telcos PLDT and Globe Telecom, Inc. had to build their own towers for their individual operations, as allowed by their legislative franchises. Mr. Rio said only around 16,000 towers are in place because of this practice, and 50,000 more is needed to reach optimal efficiency.

Globe had previously expressed its support for the common tower initiative. It has been working to incorporate its own tower company, GTowers, Inc., after securing approval from the Securities and Exchange Commission last year.

Globe Senior Vice-President for Corporate Communications Yoly C. Crisanto said in a text message early January that they have been in talks with several tower companies to tap for GTowers.


source: https://www.bworldonline.com/pldt-in-tal...companies/
2019 SMP Charity/Tsinelas & School Supplies Donation Drive link http://stockmarketpilipinas.com/thread-5...#pid345588

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nice run here while people is searching for water.
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Investing in telephone industry might be a little bit outdated as investors are currently much more oriented toward new technologies. Although company might have stable profits, still in the long run it would need to adjust its business to technological advancements
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