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PHI

 
Hoover's Profile: Philippine Long Distance Telephone Company
(NYSE:PHI) (Philippine:TEL)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Philippine Long Distance Telephone Company
Ramon Cojuangco Bldg., Makati Ave.
Makati, Metro Manila, Philippines
Tel. +63-2-816-8024
Fax +63-2-844-6654

Type: Public
On the web: http://www.pldt.com.ph
Employees: 29,904
Employee growth: (1.2%)

Philippine Long Distance Telephone Company (PLDT) is the leading Filipino telecommunications provider with approximately 32 million fixed-line and wireless subscribers. PLDT offers cellular service through its Smart Communications and Piltel units. Nearly all subscribers use the company's prepaid GSM (global system for mobile communication) services. PLDT maintains about 1.7 million fixed lines (mostly around Manila) and provides local, long-distance, data, and network services over its fiber-optic network and leased satellite and submarine cable. First Pacific owns about a quarter of PLDT.

Key numbers for fiscal year ending December, 2008:
Sales: $3,058.2M
One year growth: (16.7%)
Net income: $733.4M
Income growth: (22.8%)

Officers:
Chairman: Manuel V. Pangilinan
President, CEO, and Director; President and CEO, Smart Communications: Napoleon L. Nazareno
SVP, Head Corporate Finance and Treasury, and Treasurer; CFO, Smart Communications: Anabelle L. Chua

Competitors:
DIGITEL
Globe Telecom
Intelsat

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