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Bayan Telecommunications Inc. (BayanTel) is a telecommunications company headquartered in Quezon City, Philippines serving areas in Metro Manila, Bicol and local exchange service areas in the Visayas and Mindanao regions combined, cover a population of over 25 million, nearly 33% of the population of the Philippines.
PLDT was established on November 28, 1928, by a Philippine Government act.Philippine legislature and approved by then governor-general Henry L. Stimson by means of a merger of four telephone companies under operation of the American telephone company GTE. [7]
Smart Communications Inc., commonly referred to as Smart, is a wholly owned wireless communications and digital services subsidiary of PLDT Inc., [1] a telecommunications and digital services provider based in the Philippines. [2] As of November 2023, it is currently the largest mobile network with 55.2 million subscribers. [3]
As the number of subscribers grew, both PLDT and Globe Telecom rapidly expanded their Time-Division Duplex-Long Term Evolution (TD-LTE) services for Fixed Wireless Broadband. According to PLDT, they spent P2 billion of its P28.8 billion capital expenditure for 2013 to bring TD-LTE technology to customers’ homes.
The PLDT Communications and Energy Ventures Inc. (PSE: PCEV), formerly known as Pilipino Telephone Corporation or Piltel, is a holding company of the PLDT Group for its venture into the electricity distribution industry. Previously, it was one of the mobile and fixed-line telephone service providers in the Philippines.
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Although based in the Philippines, there is foreign ownership in PLDT (76%) and Globe (73%)—resulting a duopoly in the telecom industry. Anthony Salim is one of them, which is the biggest controlling stockholder of PLDT through Hong Kong based First Pacific Company Limited, which led him to establish and expand in the Philippines as a ...
The Philippine Long Distance Telephone Company (PLDT) announced that it has completed the acquisition of Digitel from JG Summit Holdings, Inc. PLDT now owns 51.55 percent equity stake of Digitel. Digitel has a hundred percent stake in Digitel Mobile Philippines, Inc., whose brand name is Sun Cellular.
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