Arthur Pineda's questions to PLDT Inc (PHI) leadership • Q2 2025
Question
Arthur Pineda of Citi inquired about the reasons for the softness in Q2 wireless service revenues, the outlook for Q3, and the status of the Connecteam Pinoy Bill, including its legislative deadline and PLDT's strategic response.
Answer
Anastacio Martirez, COO of Smart Communications, characterized the revenue dip as a 'normal fluctuation' and expressed confidence in a second-half recovery driven by new product innovations. On the regulatory front, Marilyn Victorio-Aquino, SVP & Senior Legal Advisor, stated the bill would lapse into law by August 24 if not vetoed. She detailed PLDT's hope for a veto and outlined several constitutional issues, such as discriminatory treatment and disincentives for infrastructure investment, that the company would challenge in the Supreme Court if the bill passes.