PLDT Inc.: Business Overview, Financials & Competitive Analysis
Founded in 1928, PLDT is the oldest and largest telecommunications company in the Philippines, in terms of assets and revenues. The company provides telecommunications and digital services across fiber optic, wireless...
Cyborg Score thesis
Market-leading telecom operator transitioning from legacy voice to high-margin data services while navigating regulatory...
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Get Current Report FreePLDT Inc. Overview
Pro stress-test →Founded in 1928, PLDT is the oldest and largest telecommunications company in the Philippines, in terms of assets and revenues. The company provides telecommunications and digital services across fiber optic, wireless and fixed-line networks, offering ICT services, cellular networks, wireless broadband, cloud, cybersecurity, voice services, and data services. PLDT reported consolidated service revenues of ₱145.9 billion for the first nine months of 2025, with data and broadband accounting for 85% of that total.
Strategic Profile
Pro stress-test →PLDT controls 49% of mobile subscribers and 50% of telecom revenue, with an extensive 5G/4G network covering 97% of the population and fiber-optic infrastructure passing 19 million homes. In response to regulatory disruption, PLDT has trimmed 2025 capital expenditures to P63 billion and plans to further reduce 2026 capex to P50 billion, prioritizing cost efficiency over aggressive expansion. The company's digital bank, Maya, turned a profit of P406 million in H1 2025, offering a new revenue stream and cross-selling potential.
Competitive Landscape
Pro stress-test →PLDT is one of the Philippines' major telecommunications providers, along with Globe Telecom and startup DITO Telecommunity. By 2026, regulatory changes could enable over 1,000 new ISPs to enter the market. PLDT maintains competitive advantage through extensive 5G/4G network coverage and fiber infrastructure, but faces mounting pressure from regulatory liberalization and potential satellite-based competitors.
Industry Context
PLDT Inc. operates in Telecommunications and Digital Services.
Key facts
Founded: 1928 · Headquarters: Makati, Philippines · Revenue: $3.81B · Market cap: $5.12B