PLDT Demonstrates Resilience Amid Economic Challenges
PLDT Inc., the Philippines' leading telecommunications provider, has reported strong financial performance for the first nine months of 2025, showcasing remarkable stability despite facing significant market pressures and economic headwinds. The company announced consolidated service revenues of P158.9 billion, representing a three percent increase compared to the same period last year.
Data and Broadband Drive Revenue Growth
The company's sustained growth was primarily fueled by its data and broadband segments, which have become the cornerstone of PLDT's business strategy. These segments now contribute an impressive 85 percent of total revenues, highlighting the successful transformation of the company's revenue mix toward digital services.
PLDT's financial health remained robust with consolidated EBITDA rising three percent year-on-year to P82.8 billion. The company maintained stable margins at 52 percent, demonstrating efficient operational management in a challenging economic environment.
Strategic Financial Management Yields Positive Results
Core income for the period stood at P25.8 billion, remaining flat compared to the previous year. This stability was achieved despite lower earnings from traditional telecommunications services, offset by higher equity gains from Maya, PLDT's rapidly growing fintech arm.
In a significant development for investor confidence, PLDT reported a substantial reduction in capital expenditure, which dropped to P43 billion from P52.3 billion in the comparable period. This strategic capex management resulted in reduced capex intensity to 27 percent and, most notably, helped free cash flow turn positive ahead of market forecasts.
PLDT Chairman Manuel V. Pangilinan emphasized the company's resilient performance "in a year of market pressures and economic slowdown." He reaffirmed the company's commitment to sustaining profitability through continued efficiency improvements and disciplined growth strategies, positioning PLDT for long-term success in the evolving telecommunications landscape.
