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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 ...
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.
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. A section of the plan recommended the integration of all private telephone companies under one monopoly.
In November 2017, the company has announced that it entered with negotiations with China Telecom and Datang Telecom Technology regarding plans to form a consortium for its bid. [5] It was a major competitor of PLDT in the 1990s prior to the 1997 Asian financial crisis. It is the internet service provider of the Armed Forces of the Philippines. [12]
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.
Smart Communications retail store in a mall. 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]
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