PLDT meaning in Business ?

Answer: What is Philippine Long Distance Telephone Company mean?

PLDT, Inc., formerly known as the Philippine Long Distance Telephone Company (Filipino: Kompanya ng Teleponong Pangmalayuan ng Pilipinas), is a telecommunications, internet, and digital service holdings company in the Philippines. It is one of the country's major telecommunications providers, along with Globe Telecom and startup Dito Telecommunity that was meant to be the "third telco" to challenge its and Globe's "duopoly". 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. As of 2019, PLDT is listed in the Philippine Stock Exchange and New York Stock Exchange (the only Philippine company to be listed in NYSE) and is being controlled by First Pacific, a Hong Kong-based investment management company; Nippon Telegraph and Telephone, through its subsidiaries; and JG Summit, a major conglomerate that operates the airline Cebu Pacific, food manufacturer Universal Robina, and real estate firm Robinsons Land.

Through the years, PLDT has received numerous complaints from the Philippine House of Representatives and Senate regarding slow internet connection.

reference

Full Form	Category
Public Library Development Team (Madison, WI)	Academic & Science
Philippine Long Distance Telephone Company	Business
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Philippine Long Distance Telecommunications	Computing
Philippine Long Distance Telephone	General
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