Stock of the Day - August 21, 2019

PLDT (PHI)

$19.76

+$0.26 (+1.3%)

Market Cap: $4.21B

About PLDT

PLDT Inc. provides telecommunications and digital services in the Philippines. The company operates through three segments: Wireless, Fixed Line, and Others. It offers cellular mobile, Internet broadband distribution, operations support, software development, and satellite information and messaging services; and sells Wi-Fi access equipment.

The company also provides fixed line telecommunications services; business infrastructure and solutions; intelligent data processing and implementation, and data analytics insight generation services; and information and communications infrastructure for Internet-based services, e-commerce, customer relationship management, and information technology (IT) related services. In addition, it offers managed IT outsourcing, Internet-based purchasing, IT consulting and professional, and bills printing and other related value-added services; distributes Filipino channels and content services; and provides full-services customer rewards and loyalty programs. Further, the company engages in the sale of mobile handsets, broadband data routers, tablets, and accessories; and cross-border digital platforms. Additionally, it provides gaming support services; mobile internet and broadband, and data services; content provider and develops mobile application; IT solution; data and network; domestic leased lines; alternative messaging solutions, such as over-the-top services, social media, and messenger application; inbound roaming and other services; mobile prepaid and postpaid services; and fixed wireless broadband services. The company was formerly known as Philippine Long Distance Telephone Company and changed its name to PLDT Inc. in July 2016. PLDT Inc. was incorporated in 1928 and is headquartered in Makati City, the Philippines.

Today's Trend

PLDT Inc. (PHI) shares moved higher after a string of announcements highlighting the company’s real-estate expansion, sustainability initiatives, and emphasis on next-generation technologies. Investors appeared encouraged by PLDT’s commitment to a smart, eco-friendly headquarters project, its push into AI-driven 5G services, and ongoing efforts to deepen customer engagement at home.

Filinvest has endorsed PLDT’s vision for a smart, sustainable headquarters, marking a key partnership in developing the new campus in Filinvest City. Filinvest welcomes PLDT’s vision for smart, sustainable HQ
Construction is underway on PLDT’s new headquarters at Filinvest City, reinforcing the company’s footprint in a premier business district and underlining long-term growth ambitions. Filinvest City hosts new PLDT headquarters
PLDT plans to integrate artificial intelligence into its 5G network to create a “mega utility,” aiming to unlock new revenue streams and improve service efficiency. PLDT banks on AI integration into 5G to build ‘mega utility’
PLDT CEO Alfredo Panlilio and EVP Oscar Reyes highlighted at a forum the critical role of AI and 5G in powering the future of the telco industry—underscoring PLDT’s leadership in network innovation. Telco industry’s future hinges on harnessing AI, 5G - PLDT’s Jimenez
PLDT Home rolled out new initiatives aimed at enhancing connectivity and digital services for Filipino households, boosting prospects for rising average revenue per user. PLDT Home committed to empower Filipino homes
PLDT’s High Speed Hitters volleyball team notched multiple victories in PVL on-tour events, reinforcing brand presence and community engagement. Kiesha Bedonia shows PLDT depth in Davison & Co.’s absence PVL: Kiesha Bedonia starts, boosts PLDT past Farm Fresh PLDT stages Set 3 comeback to complete sweep vs. new-look Farm Fresh

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