Philippine Long Distance Telephone Company Changes Name to PLDT Inc.
August 31 2016 - 9:58AM
Business Wire
On July 29, 2016, Philippine Long Distance Telephone Company
(NYSE:PHI) changed its corporate name to PLDT Inc. (NYSE:PHI)
pursuant to a filing with the Securities and Exchange Commission of
the Republic of the Philippines. The change of corporate name was
made pursuant to approval by the board of directors of the company
on April 12, 2016, and a shareholder vote on June 14, 2016.
The name Philippine Long Distance Telephone Company reflects the
traditional fixed line telecommunications business that the company
engaged in for several years following its incorporation in 1928.
However, the company’s business has evolved such that its revenues
are no longer mainly derived from its long distance toll revenue
business but are now largely from its expanded business portfolio
that includes wireless telecommunications, data, broadband and
information technology services, and other related value added
services.
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version on businesswire.com: http://www.businesswire.com/news/home/20160831005907/en/
PLDT Inc.Atty. Ma. Lourdes C. Rausa-ChanSenior Vice
President and Corporate Secretary, (632)-8168553
PLDT (NYSE:PHI)
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