February 5, 2018
Philippine Stock Exchange
3/F Philippine Stock Exchange Plaza Ayala Triangle, Ayala Avenue Makati City
Attention: Mr. Jose Valeriano B. Zurio III
OIC - Head, Disclosure Department
Gentlemen:
We refer to your letter dated February 5, 2018 requesting for clarification and/or confirmation of the news article entitled "PLDT unveils P180-B spending plan" posted in Inquirernet on February 5, 2018. The article reported in part that:
"Industry giant PLDT Inc. is flexing its massive financial muscle, revealing for the first time a multi-year capital spending plan as the Duterte administration hopes to select a new telco challenger in the next few months.
PLDT, in a statement over the weekend, announced an unprecedented three-year spending budget of P180 billion from 2018 to 2020-or P60 billion per year-to help double fixed-line and mobile intemet capacity in the next year and a half.
71
In the PLDT Press Release entitled: "PLDT's 5-year P260-B Capex Program Enters 3rd Year" a copy of which we filed with the PSE on 5 February 2018, we indicated that total capex for 2016-20 is estimated at P260 billion. Capex for 2016 amounted to P42.8 billion. The capex for 2017 is still being finalized, but estimated at between P39-40 billion. Given this, the capex for 2018-2020 will range from P177-178 billion.
Respectfully yours,
7,4 -1- 75
MA. LOURDES C. RAUSA-CHAN Corporate Secretary
PLDT General Office Ra Box 2148 Makati City, Philippines
February 5, 2018
SECURITIES & EXCHANGE COMMISSION Secretariat Building, PICC Complex
Roxas Boulevard, Pasay City
Attention: Mr. Vicente Graciano P. Felizmenio, Jr.
Director - Markets and Securities Requlafion Dept.
Gentlemen:
In compliance with Section 17.1 (b) of the Securities Regulation Code and SRC Rule 17.1.1.1.3(a), we submit herewith two (2) copies of our letter dated February 5, 2018 to the Philippine Stock Exchange, Inc. in response to their letter dated February 5, 2018 requesting for clarification and/or confirmation of the news article entitled "PLDT unveils P180-B spending plan" posted in Inquirer. net on February 5, 2018.
Respectfully yours,
(
MA. LOURDES C. RAUSA-CHAN Corporate Secretary
PLOT General Office PD. Box 2148 Makati City. Philippines
COVER SHEET
Company NameSEC Registration Number
55
ID
C.
(F 0
0
A
Principal Office (No./Street/Barangay/City/Town/Province)
A 0
0
A A
AV
AA
Form Type
17
Company's Email AddressNo. of Stockholders 11,712
As of December 31, 2017
0
A
0
Department requiring the report
COMPANY INFORMATION
Company's Telephone
Number/s
8168553
Annual Meeting
Month/Day rvery 2fla Tuesday of June
CONTACT PERSON INFORMATION
0 A Y)
Secondary License Type, IfMobile NumberFiscal Year Month/Day December 31
The designated contact person MUST be an Officer of the Corporation
Name of Contact Person | Email Address | Telephone |
Number/s | ||
Ma. Lourdes C. Rausa-Chan | Irchanaoldt.com.oh | 8168553 |
Contact Person's Address |
MGO Building, Legaspi St. corner Dela Rosa St., Makati City
Applicable
Mobile Number
Note: In case of death, resignation or cessation of office of the officer designated as contact person, such incident shall be reported to the Commission within thirty (30) calendar days from the occurrence thereof with information and complete contact details of the new contact person designated.
SECURITIES AND EXCHANGE COMMISSIONCURRENT REPORT UNDER SECTION 17 OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.1
February 5, 2018
Date of Report (Date of earliest event reported)
SEC Identification Number PW-55
BIR Tax Identification No. 000-488-793
PLDT Inc.
Exact name of issuer as specified in its charter
PHILIPPINES | 6. | (SEC Use Only) |
Province, country or other jurisdiction | Industry Classification Code | |
of Incorporation |
Ramon Cojuangco Building, Makati Avenue, Makati City Address of principal office
(632) 816-8553
Issuer's telephone number, including area code
Not Applicable
Former name or former address, if changed since last report
1200
Postal Code
10.
Securities registered pursuant to Sections 8 and 12 of the Securities Regulation Code and Sections 4 and 8 of the Revised Securities Act
Title of Each Class
Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
11. Item 9 (Other Events)
Attached hereto is a copy of our letter to the Philippine Stock Exchange, Inc. in response to their letter dated February 5, 2018 requesting for clarification and/or confirmation of the news article entitled "PLDT unveils P180-B spending plan" posted in Inquirer.net on February 5,2018.
Pursuant to the requirements of the Securities Regulations Code, the Company has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.
PLDT INC.
By:
fitt-4(
MA. LOURDES C. RAUSA-CHAN Corporate Secretary
February 5,2018
PLDT Inc. published this content on 05 February 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 05 February 2018 10:14:05 UTC.
Original documenthttp://www.pldt.com/docs/default-source/news-clarification/2018/pldts-clarification-on-capex-for-2018-to-2020.pdf?sfvrsn=0
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