PLDT upbeat for 2023, tops mobile subscribers

SunStar Publishing Inc.

PLDT maintains a positive outlook for its performance throughout 2023 despite the challenging economic conditions.At its third-quarter media briefing on Tuesday, Nov. 7, 2023, the Pangilinan-led firm revealed that it registered 55.2 million Smart mobile subscribers at the end of September, higher than its closest competitor Globe Telecom with 54.7 million, and with Talk ’n Text once again being the leading SIM brand.

9 billion, contributed 82 percent of consolidated service revenues.Telco core income, excluding the impact of asset sales and Maya Innovations Holdings , reached P26.1 billion, up P0.5 billion or two percent from the same period last year.PLDT’s capex for the first nine months of 2023 amounted to P55.3 billion, lower than the P67.3 billion for the same period last year.Pangilinan maintains a positive view of PLDT’s performance amid a tough economic environment.

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