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, Smart Communication 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 de facto investments in broadcasting, print media, utilities, and direct-to-home satellite services, among others. Its common shares are listed in the Philippine Stock Exchange while American Depository Receipts that have such underlying common shares are traded at the New York Stock Exchange. Its majority owner is First Pacific, a Hong Kong–based investment management company. Other major shareholders are Nippon Telegraph and Telephone, through its subsidiaries, and JG Summit Holdings.
