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Telecommunications (telco) giant PLDT Inc. posted a net income of P8.92 billion in the first quarter, as steady wireless, enterprise and data revenues again helped offset softer legacy services.
In a disclosure on Thursday, the Manuel Pangilinan-led telco said its reported net income for the January-to-March period was only slightly lower than the P9.06 billion recorded a year earlier.
READ: PLDT profit falls 7% to P30B in 2025
Core income rose 2 percent to P9.1 billion, supported by stronger enterprise revenues and a 19-percent increase in the bottom line of digital bank Maya as well as gains from property sales.
