Being the regulator of the securities market, the SEC said it is concerned about the reported “budget overruns,” as well as the selloff in PLDT shares before the publicly listed company could make the official disclosure.
Today is the right time for enterprises to leverage on the opportunities of the post-pandemic world, according to PLDT president and CEO Alfredo “Al” Panlilio during the official press conference for the upcoming 8th iteration of the Philippine Digital Convention.
PLDT has set a Nov. 4 deadline for its local competitor Dito Telecommunity to pay its P430-million “unpaid contractual obligation”. Otherwise, the telco giant said it will suspend or terminate its services to the Dennis Uy-owned operator.
According to PLDT Global president and CEO Albert Villa-Real, the hyperscale business is a game-changing opportunity not just in the Philippines, but on a global scale.
PLDT and its wireless unit Smart Communications have urged Internet users to be wary of websites they visit, especially those that require login credentials.
The 14,000-kilometer Jupiter Cable system is the newest international gateway connecting the Philippines directly from PLDT’s cable landing station in Daet, Camarines Norte to Japan and the US West Coast.
This comes in the wake of an incident in Laguna where a group of men intentionally cut and damaged PLDT fiber optic cables, disrupting the delivery of PLDT services in the area, and also of persistent reports nationwide of sabotage of PLDT fiber optic cables, causing outages and hardship to subscribers.
The Jupiter Cable System is now the fastest cable system between the Philippines and the United States. Once fully equipped, it is anticipated to increase PLDT’s international capacity of 20 Terabit/s to about 60 Terabit/s.
Common tower provider Phil-Tower Consortium has announced the completion of their 200th cell site, a major milestone for the industry as the last 100 sites were completed in just over a month.
