Companies/Philippines • Curated by Admin Timeline.sg
PLDT Inc. is the leading telecommunications provider in the Philippines, tracing its origins to 1928. This timeline chronicles its corporate evolution from a small telephone company to a diversified digital services group, highlighting key leadership, technological breakthroughs, regulatory shifts, and financial milestones.
Chronological Storyline (34 Milestones)
Nov 28, 1928 CE
PLDT Founded
Philippine Long Distance Telephone Company (PLDT) is incorporated with initial capital of PHP 100,000. The company begins operations in Manila, providing landline telephone services. #telecommunications #history
PLDT Founded By Patrick Roque - Taken using my own camera with model DSC-WX80, CC-BY-SA-4.0, https://en.wikipedia.org/w/index.php?curid=55331102
1933 CE
First Automatic Telephone Exchange
PLDT installs the first automatic telephone exchange in the Philippines, replacing manual switchboards and improving call efficiency. #technology #telephony
Dec 1, 1941 CE
World War II Disruption
Japanese forces occupy the Philippines, damaging PLDT's infrastructure. Operations are severely disrupted, and many facilities are destroyed. #war #history
1947 CE
Post-War Reconstruction
PLDT rebuilds its network after World War II, restoring telephone services across Manila and expanding to other provinces. #reconstruction #telecom
1950 CE
Expansion to Provincial Areas
PLDT extends its services to major provincial cities, increasing its subscriber base and solidifying its role as the national telephone provider. #expansion #telecommunications
1968 CE
Microwave Radio Network
PLDT introduces a microwave radio network to improve long-distance call quality and reduce reliance on vulnerable aerial cables. #innovation #telecom
1981 CE
Nationalization Under Government
The Philippine government acquires a controlling stake in PLDT amidst financial difficulties, effectively nationalizing the company. #government #telecom
1987 CE
Privatization and Restructuring
PLDT is privatized under the administration of President Corazon Aquino. The company undergoes restructuring to improve efficiency and service quality. #privatization #business
1991 CE
Launch of Cellular Mobile Telephone System
PLDT launches its first cellular mobile telephone system (CT2) in the Philippines, marking entry into mobile communications. #mobile #technology
1994 CE
PSE Listing and IPO
PLDT conducts an initial public offering (IPO) and lists on the Philippine Stock Exchange (PSE), becoming one of the most traded stocks. #finance #IPO
1997 CE
Acquisition of Smart Communications
PLDT acquires Smart Communications, a leading mobile network operator, to strengthen its mobile service offerings. #acquisition #mobile
2000 CE
Launch of PLDT DSL Broadband
PLDT introduces DSL broadband internet services, providing high-speed internet access to residential and business customers. #broadband #internet
2003 CE
Pangilinan-Led Management Change
Manuel V. Pangilinan becomes Chairman and CEO, leading a major transformation and modernization of PLDT's operations. #leadership #management
2005 CE
Entry into Fixed Wireless
PLDT launches Landline Plus, a fixed wireless service, expanding access in underserved areas. #technology #telecom
2007 CE
Sale of a Stake to NTT
PLDT sells a 22% stake to NTT Communications of Japan, forming a strategic partnership for international services. #partnership #investment
2008 CE
Launch of PLDT SME Nation
PLDT launches SME Nation, a program to support small and medium enterprises with bundled telecom and digital solutions. #business #SME
2010 CE
Acquisition of Digitel
PLDT acquires a 51.55% stake in Digital Telecommunications Philippines (Digitel), including its mobile brand Sun Cellular, for PHP 69.2 billion. #acquisition #mobile
2011 CE
Completion of Digitel Merger
PLDT completes the merger with Digitel, integrating Sun Cellular into its operations and becoming the dominant mobile operator. #merger #telecom
2012 CE
LTE Network Launch
PLDT and Smart launch the Philippines' first commercial LTE network, offering faster mobile data speeds. #4G #technology
2013 CE
Data Center Expansion
PLDT announces a major expansion of its data center facilities to support cloud services and enterprise demands. #cloud #infrastructure
2014 CE
Launch of PLDT HOME Fibr
PLDT unveils its fiber-optic broadband service, Fibr, offering speeds up to 100 Mbps to residential customers. #fiber #broadband
2015 CE
Revenue Milestone of PHP 40 Billion
PLDT reports annual revenue exceeding PHP 40 billion, driven by data and broadband growth. #finance #telecom
Mar 1, 2016 CE
Sale of Rocket Internet Stake
PLDT sells its stake in German startup Rocket Internet, generating substantial gains. #investment #divestment
2017 CE
Launch of PLDT Enterprise
PLDT Enterprise is launched as a dedicated business unit offering integrated ICT solutions for corporate clients. #enterprise #business
2018 CE
5G Trial Success
PLDT successfully tests 5G technology in the Philippines, achieving speeds of up to 14 Gbps. #5G #technology
Jun 1, 2019 CE
Commercial 5G Launch
PLDT and Smart launch commercial 5G services in select areas of Metro Manila. #5G #mobile
2020 CE
Pandemic Response and Network Uplift
PLDT invests PHP 9 billion to upgrade network capacity during COVID-19 lockdowns, supporting surge in remote work and online learning. #COVID19 #infrastructure
2021 CE
Total Subscribers Reach 70 Million
PLDT and Smart's combined wireless subscriber base reaches 70 million, reflecting strong market presence. #growth #telecom
Mar 1, 2022 CE
Acquisition of Philippine Telegraph and Telephone Corp (PT&T)
PLDT acquires a majority stake in PT&T, expanding its fiber network and fixed-line services. #acquisition #fibre
Sep 1, 2022 CE
PLDT, Smart and Globe Partner for Shared Tower Policy
PLDT and Globe Telecom sign a deal to share telecommunications towers to reduce costs and improve coverage. #partnership #infrastructure
May 1, 2023 CE
PLDT Fibr Expansion to 10 Million Homes
PLDT announces that its Fibr network passed 10 million homes, accelerating digital connectivity in the Philippines. #fibre #broadband
Oct 1, 2023 CE
Launch of PLDT All-IP Network
PLDT completes migration to an all-IP network, retiring legacy TDM technology for improved efficiency and scalability. #digitaltransformation #telecom
Mar 1, 2024 CE
PLDT Named Best Telecom Provider
PLDT is awarded 'Best Telecom Provider' at the Asian Telecom Awards for network quality and innovation. #award #telecom
Dec 20, 2024 CE
PLDT Announces PHP 100 Billion Capex for 2025
PLDT allocates PHP 100 billion capital expenditure for 2025, focusing on 5G expansion and fiber rollout. #investment #5G