PT&T

PT&T
Company typePublic
PSEPTT (suspended since December 13, 2004)
FoundedNovember 14, 1962; 62 years ago (1962-11-14)
Key people
  • Roberto B. Ortiz, Chairman
  • James G. Velasquez, President and CEO
Products
  • Broadband (Connectivity)
  • IT Services
-22.79 million Increase (2021)
ASN
Websitehttps://www.ptt.com.ph

The Philippine Telegraph and Telephone Corporation (PT&T) is a telecommunications service provider in the Philippines since its establishment in 1962. The company caters to corporate, small/medium business, and residential segments across the country. PT&T's business is categorized into two major services: Connectivity and IT Services.

History

PT&T was incorporated on October 16, 1962, and subsequently registered with the Philippine Securities and Exchange Commission on November 14, 1962, under the laws of the Philippines.[1]

PT&T was granted a 25-year national legislative franchise on June 20, 1964, under Republic Act (“RA”) No. 4161, as amended by RA Nos. 5048 and 6970. On July 21, 2016, under RA No. 10894, the company was granted an extension of its franchise for another 25 years.[2]

PT&T was listed on January 10, 1990, for the trading of its common shares but requested voluntary suspension of trading effective December 13, 2004.[3]

Former logo of PT&T during 1990s to early 2000s

It was a major competitor of PLDT in the 1990s prior to the 1997 Asian financial crisis.

In 2017, a consortium led by businessmen Lucio Tan, Jr., Salvador Zamora II, and Benjamin Bitanga acquired a majority stake of 70% in the ownership of PT&T from its previous owner Republic Telecommunication Holdings. The acquisition price was not disclosed.[1]

In November 2017, the company announced that it entered negotiations with China Telecom and Datang Telecom Technology regarding plans to form a consortium for its bid.[4] In 2018, PT&T bid to become the country's third telecommunications provider. PT&T was disqualified, thus the winner of the bid were the Mislatel consortium (which became Dito Telecommunity). The National Telecommunications Commission (NTC) said that PT&T failed to meet the technical requirements it set for bidders.[5]

Ownership

Updated Shareholding Structure of PT&T as of 31 December 2022:
Major Shareholder % of Total Common Shares
Menlo Capital Corporation 37.33% 559,999,998
Telectronic Systems, Inc. (TSI) 20.00% 300,000,241
Republic Telecommunications Holdings, Inc. (RETELCOM) 18.59% 278,873,526
TIMCO Holdings, Inc. 8.08% 121,126,474
Public 15.99% 239,992,753

See also

References

  1. ^ a b Camus, Miguel (25 August 2017). "Lucio Tan Jr.'s group acquires PT&T". Philippine Daily Inquirer.
  2. ^ "Republic Act No. 10894". July 21, 2016. Retrieved September 28, 2023.
  3. ^ Perez, Emeterio (29 May 2020). "PT&T suspended since Dec. 9, 2004". The Manila Times.
  4. ^ Salaverria, Leila (20 December 2017). "Duterte wants telco duopoly broken by March". Philippine Daily Inquirer. Retrieved 12 November 2018.
  5. ^ Fenol, Jessica (7 November 2018). "PT&T failed to show 'technical capability' in bid for third telco, NTC insists". ABS-CBN News. Retrieved 12 November 2018.

Read other articles:

Ini adalah nama Tionghoa; marganya adalah Wu. Wu ChunWu Chun (kanan) pada 2008LahirGoh Kiat Chun (吴吉尊)10 Oktober 1979 (umur 44)Bandar Seri Begawan, Brunei DarussalamKebangsaanBruneiAlmamaterUniversitas RMITPekerjaanPemeran, penyanyi, peraga busana, pengusahaTahun aktif2005–sekarangSuami/istriLin LiyingAnak2Karier musikGenreMandopopInstrumenDrum, perkusiLabelHIM International Music WOW Music Pony Canyon Fu Long ProductionArtis terkaitFahrenheit (2005–2011)Situs webwww.chunz...

 

Americans of Welsh birth or descent This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed.Find sources: Welsh Americans – news · newspapers · books · scholar · JSTOR (July 2022) (Learn how and when to remove this template message) Welsh AmericansTotal population 1,956,225[1] 0.6% of the U.S. population Regions with sign...

 

Questa voce sull'argomento calciatori italiani è solo un abbozzo. Contribuisci a migliorarla secondo le convenzioni di Wikipedia. Segui i suggerimenti del progetto di riferimento. Bruno Monti Nazionalità  Italia Altezza 170 cm Peso 69 kg Calcio Ruolo Portiere Termine carriera 1942 Carriera Squadre di club1 193?-1935 Thiene? (-?)1935-1939 Vicenza84 (-?)1939-1940 Bari1 (-2)1940-1941 Lucchese30 (-?)1941-1942 Modena14 (-32) 1 I due numeri indicano le presenze...

Cet article est une ébauche concernant la montagne et la Vénétie. Vous pouvez partager vos connaissances en l’améliorant (comment ?) selon les recommandations des projets correspondants. Sorapiss Vue d'ensemble du chaînon. Géographie Altitude 3 205 m[1] Massif Dolomites (Alpes) Coordonnées 46° 30′ 25″ nord, 12° 12′ 43″ est[1] Administration Pays Italie Région Vénétie Province Belluno Géolocalisation sur la carte : Itali...

 

† Человек прямоходящий Научная классификация Домен:ЭукариотыЦарство:ЖивотныеПодцарство:ЭуметазоиБез ранга:Двусторонне-симметричныеБез ранга:ВторичноротыеТип:ХордовыеПодтип:ПозвоночныеИнфратип:ЧелюстноротыеНадкласс:ЧетвероногиеКлада:АмниотыКлада:Синапсиды�...

 

جيتكس Jetix   معلومات عامة الشعار التجاري « 'Upgrading to the Next Level, Jetix!' » المالك شركة والت ديزني  تاريخ التأسيس 14 فبراير 2004،  و1 يناير 2005،  و1 أغسطس 2004  تاريخ أول بث 14 فبراير 2004؛ منذ 20 سنة (2004-02-14) تاريخ آخر بث 10 أغسطس 2010؛ منذ 13 سنة (2010-08-10) البلد التشي...

Prime Minister of Australia from 1967 to 1968 For other people with the same name, see John McEwen (disambiguation). The Right HonourableSir John McEwenGCMG CHMcEwen in 196018th Prime Minister of AustraliaIn office19 December 1967 – 10 January 1968MonarchElizabeth IIGovernor‑GeneralLord CaseyPreceded byHarold HoltSucceeded byJohn GortonDeputy Prime Minister of AustraliaIn office10 January 1968 – 5 February 1971Prime MinisterJohn GortonPreceded byoffice establi...

 

莎拉·阿什頓-西里洛2023年8月,阿什頓-西里洛穿著軍服出生 (1977-07-09) 1977年7月9日(46歲) 美國佛羅里達州国籍 美國别名莎拉·阿什頓(Sarah Ashton)莎拉·西里洛(Sarah Cirillo)金髮女郎(Blonde)职业記者、活動家、政治活動家和候選人、軍醫活跃时期2020年—雇主內華達州共和黨候選人(2020年)《Political.tips》(2020年—)《LGBTQ國度》(2022年3月—2022年10月)烏克蘭媒�...

 

Kekaisaran Babilonia Baru626 SM–539 SMIbu kotaBabiloniaPemerintahanMonarki•  Nabopolassar (pertama)•  Nabonidus (terakhir) Raja Era SejarahZaman Besi• Revolusi Nabopolassar 626 SM• Invasi Koresh Agung 539 SM Didahului oleh Digantikan oleh ksrKekaisaran Neo-Assyria ksrKekaisaran Akhemenid Sunting kotak info • Lihat • BicaraBantuan penggunaan templat ini Istilah Babilonia Baru atau Kasdim berarti Babilonia yang berada di bawah kekuasaan dinasti K...

This article has multiple issues. Please help improve it or discuss these issues on the talk page. (Learn how and when to remove these template messages) This article includes a list of references, related reading, or external links, but its sources remain unclear because it lacks inline citations. Please help improve this article by introducing more precise citations. (August 2023) (Learn how and when to remove this message) This article includes a list of references, related reading, or ext...

 

For the airport in Miami, Florida, see Miami International Airport. Airport in north east of MbombelaKruger Mpumalanga International AirportIATA: MQPICAO: FAKNSummaryAirport typePublicOwnerPrivateOperatorPrimkop Airport Management (Pty) Ltd.ServesMbombela, South AfricaLocationnorth east of MbombelaHub forAirlink Federal AirElevation AMSL2,829 ft / 862 mCoordinates25°23′00″S 31°06′20″E / 25.38333°S 31.10556°E / -25.38333; 31.10556Websitewww.km...

 

Protected area in Utah, USA This article is about a monument in Utah. For the Arizona petroglyphs, see Newspaper Rock Petroglyphs Archeological District. Newspaper RockIndian Creek State ParkNewspaper Rock in 2009TypePetroglyphLocation20 Mi. SE of Canyonlands at Newspaper Rock State ParkNearest cityMonticelloCoordinates37°59′18″N 109°31′05″W / 37.98833°N 109.51806°W / 37.98833; -109.51806AreaCanyonlands NPElevation6080 ftOwnerUtah State Parks Commission U.S...

Vista de la plaza con la Columna de Alejandro desde una ventana abierta en el Museo del Hermitage, ubicado en el Palacio de Invierno. Vista aérea de la plaza ubicada entre el Palacio de Invierno (abajo) y el Edificio del Estado Mayor (arriba). La Plaza del Palacio (en ruso: Дворцовая площадь, Dvortsóvaya Plóschad), une la Avenida Nevski con el Puente del Palacio que lleva a la Isla Vasílievski, es la plaza central de San Petersburgo y del antiguo Imperio ruso. El lugar fue...

 

Roof shapes include flat (or shed), gabled, hipped, arched, domed, and a wide variety of other configurations detailed below.[1] Roof angles are an integral component of roof shape, and vary from almost flat to steeply pitched. Roof shapes differ greatly from region to region, depending on the climate, materials available, customs, and many other considerations. Roof terminology is not rigidly defined. Usages vary from region to region, nation to nation, and from one builder or archi...

 

OrangeRoman theatre at OrangeOrangeRoman theatre at Orange Koordinat: 44°08′18″N 4°48′35″E / 44.138334°N 4.809723°E / 44.138334; 4.809723NegaraPrancisArondisemenAvignonKantonChief town of 2 cantons canton of Orange-Est canton of Orange-OuestPemerintahan • Wali kota (2008–2014) Jacques Bompard (MPF) • Populasi128.889Kode INSEE/pos84087 / 2 Population sans doubles comptes: penghitungan tunggal penduduk di komune lain (e.g. mahas...

Hindu god of the wind For other uses, see Vayu (disambiguation). VāyuGod of Air, Wind, and BreathMember of the Pancha Bhuta and DikpalaVayu (dikpala), on his mount, gazelleOther namesAnila, Pavana, Vyāna, Vāta, Tanuna, Mukhyaprana, BhimaDevanagariवायुSanskrit transliterationVāyuAffiliationDevaAbodeVayu Loka, Satya LokaMantraOm Vayave NamahaWeapon Mace (Weapon of Mukhyaprana Vayu) Goad (Weapon of Dikpala Vayu) MountChariot drawn by Horses, GazelleGenealogyParents Vishvapurusha (acc...

 

1974 Dutch Grand Prix Race detailsDate 23 June 1974Official name XXI Grand Prix ZandvoortLocation Zandvoort, NetherlandsCourse Permanent racing facilityCourse length 4.226 km (2.626[1] miles)Pole positionDriver Niki Lauda FerrariTime 1:18.31[2]Fastest lapDriver Ronnie Peterson Lotus-FordTime 1:21.44[3] on lap 63PodiumFirst Niki Lauda FerrariSecond Clay Regazzoni FerrariThird Emerson Fittipaldi McLaren-Ford Lap leaders Motor car race The 1974 Dutch Grand Prix was a For...

 

Form of defence against naval torpedoes HMS Glatton in drydock, circa 1914–1918, showing her anti-torpedo bulge The anti-torpedo bulge (also known as an anti-torpedo blister) is a form of defence against naval torpedoes occasionally employed in warship construction in the period between the First and Second World Wars. It involved fitting (or retrofitting) partially water-filled compartmentalized sponsons on either side of a ship's hull, intended to detonate torpedoes, absorb their explosio...

Pour les articles homonymes, voir Krause. Cet article est une ébauche concernant un acteur américain. Vous pouvez partager vos connaissances en l’améliorant (comment ?) selon les conventions filmographiques. Consultez la liste des tâches à accomplir en page de discussion. Peter Krause Peter Krause en 2013. Données clés Nom de naissance Peter William Krause Naissance 12 août 1965 (59 ans)Alexandria, Minnesota(États-Unis) Nationalité Américain Profession ActeurProducteur...

 

Casino game of chance This article is about the casino game. For other uses, see Roulette (disambiguation). Roulette ball Gwendolen at the roulette table – 1910 illustration to George Eliot's Daniel Deronda Roulette (named after the French word meaning little wheel) is a casino game which was likely developed from the Italian game Biribi. In the game, a player may choose to place a bet on a single number, various groupings of numbers, the color red or black, whether the number is odd or eve...