|Stock:||Philippine Long Distance Telephone (ADR)|
|Industry:||Telecom Services - Foreign|
|Philippine Long Distance Telephone Company (PLDT) is telecommunications provider in Philippines. The Company’s business segments include fixed line, wireless, business process outsourcing (BPO) and others. The Company offers diversified range of telecommunications services across the Philippines’ fiber optic backbone and fixed line, cellular and satellite networks. The Company provides wireless communication, fixed line communication, and BPO services to its subscribers and customers. The Company provides such services to mobile, business, residential and payphone customers. On October 26, 2011, the Company completed the acquisition of 55.6% stake in Digital Telecommunications Phils., Inc. from JG Summit Holdings, Inc. In November 2011, it announced that SPI Technologies, Inc. (SPi), the principal business process outsourcing (BPO) company in the PLDT Group, through its subsidiary, SPi Technologies India Private Limited, purchased and acquired Laserwords Private Limited.|
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