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PLDT Inc Sponsored ADR
PLDT, Inc., formerly known as the Philippine Long Distance Telephone Company, is a Philippine telecommunications, internet and digital service company.
PLDT is one of the Philippines' major telecommunications providers, along with Globe Telecom and startup DITO Telecommunity. Founded in 1928, it is the oldest and largest telecommunications company in the Philippines, in terms of assets and revenues.
The company's core businesses are fixed-line telecommunications, mobile telephony services, broadband, and internet of things services under various brands. It also has investments in broadcasting, print media, utilities, and direct-to-home satellite services, among others. It is listed in the Philippine Stock Exchange and New York Stock Exchange and is being controlled by First Pacific, a Hong Kong–based investment management company, Nippon Telegraph and Telephone, through its subsidiaries, and JG Summit Holdings.