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PLDT, Inc., formerly known as the Philippine Long Distance Telephone Company (Filipino: Kompanya ng Teleponong Pangmalayuan ng Pilipinas), [3] is a Philippine telecommunications, internet and digital service company. [4] PLDT is one of the Philippine's major telecommunications providers, along with Globe Telecom and startup DITO Telecommunity ...
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.
PLDT also had access to international loans from the World Bank. These loans assisted PLDT's dominance, and PLDT became the single largest private recipient of foreign loans to the Philippines. In 1981, a National Telecommunications Development Plan was released.
Moving forward, on April 1, 2000, Piltel signed a facilities-sharing agreement with competitor Smart Communications to be able to provide wireless services using Smart's GSM network. [2] By the same day, Piltel launched its GSM brand, Talk 'N Text. In March 2004, Smart Communications acquired 45.3% stake in Piltel from its parent PLDT. [3]
Wireless Card Inc. [1] Smart Money Holdings Corporation ... Rocket Internet AG (8.6%) [2] PLDT Communication and Energy Ventures. Beacon Electric Asset Holdings, ...
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