Philippine Long Distance Telephone Co. (PLDT) said it is increasing its capital expenditure this year, the highest in the telco’s history.

“Yes. Well, it would be higher than the P39 billion guidance we gave,” PLDT Chairman Manuel Pangilinan told reporters on the sidelines of the company’s annual shareholders’ meeting on Tuesday.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details