Olongapo Telecom & Information Technology

Thursday, June 16, 2005

Tech is PLDT’s lynchpin for success in 2005, says chairman

By Erwin Lemuel Oliva INQ7.net

DOMINANT telecommunications carrier Philippine Long Distance Telephone Co. (PLDT) clearly considers information technology its lynchpin for success in 2005.
Presenting PLDT’s outlook and objectives for 2005, its chairman Manuel Pangilinan stressed that the inevitable adoption of major technological innovations like voice over Internet Protocol (VoIP) and third generation (3G) mobile communications by telephone companies worldwide will change the business direction of the 76-year-old telephone company.

With a market value in excess of 267 billion pesos (4.8 billion dollars in 2004), PLDT is not taking this major shift sitting down, with Pangilinan hinting at massive preparations by PLDT to use these technological innovations towards market dominance.

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