Telco giant PLDT on Tuesday, Nov. 11, reported steady gains in its data and broadband business while its digital bank and fintech arm Maya continued its profitability streak in the first nine months of 2025.
Data and broadband revenues rose to ₱123.6 billion, accounting for 85% of consolidated service revenues, up from 83% in the same period last year. The segment remained PLDT’s primary growth driver as legacy services continued to decline.
Gross service revenues increased 3% to ₱158.9 billion, while consolidated service revenues net of interconnection costs inched up 1% to ₱145.9 billion.
PLDT Home’s fiber business sustained its momentum, posting ₱44.5 billion in revenues, higher by 7% year-on-year.
Fiber accounted for 97% of total Home revenues, with subscriber additions reaching 265,000 as of the third quarter.
PLDT’s wireless data segment, which includes mobile data and fixed wireless access (FWA), delivered ₱57.3 billion in revenues, up 1% from the previous year.
Mobile data revenues stood at ₱56 billion, also up 1%, supported by higher usage and the continued expansion of 5G devices on Smart’s network.
FWA revenues posted stronger growth at 18%, reflecting increased adoption in underserved and hard-to-reach areas.
Overall data traffic rose 6% to 4,393 petabytes, driven by video, gaming and e-commerce usage.
Maya continued to provide a strong uplift to the group, delivering its third consecutive profitable quarter. It posted ₱532 million in net income in the third quarter of 2025, bringing core income for the period to ₱1.6 billion, a turnaround of ₱4 billion from a year earlier.
PLDT recorded ₱603 million in equity share from Maya’s core income, helping offset the decline in telco core earnings.
Maya’s deposit balances reached ₱57 billion, up 59% year-on-year, while total loan disbursements climbed to ₱187 billion since the launch of Maya Bank.
The fintech’s customer base expanded to nine million bank users and 2.4 million borrowers, with continued growth in its credit card and merchant acquiring businesses.
With data and broadband revenues continuing to grow and Maya sustaining profitability, PLDT said its core business mix is shifting toward higher-engagement digital services.
PLDT chairman and CEO Manuel V. Pangilinan said the company aims to convert this stability into stronger growth despite the competitive environment.
“While we’ve managed to stand firm, the challenge now is to stand taller,” Pangilinan said in the disclosure.
