- PLDT's mobile services revenue growth has declined on a QoQ basis in 1Q 2021, as a result of COVID-19 headwinds and stiffer competition from its rival.
- The company's home broadband services business performed well in the first quarter with a +23.1% YoY increase in revenue, but Converge ICT Solutions poses a threat with its expansion plans.
- The market values PLDT at consensus forward FY 2022 EV/EBITDA and P/E multiples of 5.2 times and 11.1 times, respectively, and it boasts a 6.1% forward FY 2022 dividend yield.
For further details see:
PLDT Inc.: Stiffer Competition Is The Key Concern