- PLDT achieved a record high quarterly service revenue of PHP43.7 billion in 3Q 2020, as the strong growth in data revenue contribution more than offset the decline in legacy revenue.
- PLDT faces competition from Converge ICT Solutions in the broadband space, while the eventual entry of the country's third integrated and full-service telecommunications company is looming.
- PLDT trades at 5.6 times consensus forward next twelve months' EV/EBITDA, and it offers a consensus forward FY 2021 dividend yield of 5.3%.
For further details see:
PLDT: Competition Remains The Key Risk