March 21, 2018
PLDT announces full year 2017 financial and operating results
PLDT Inc. (“PLDT”) (PSE: TEL) (NYSE: PHI) today announced its unaudited financial and operating results for the full year 2017 with Consolidated Service Revenues (net of interconnection costs) totaling P143.5 billion. Though 3% lower than the previous year, service revenues stabilized in 2017, as the decline in quarterly wireless revenues moderated in the course of the year. Unlike 2016, when service revenues declined quarter on quarter, PLDT posted three quarters of modest sequential increases in 2017, starting in the second.