PLDT Reports Q1 2026 Results, Plans Full Acquisition of Radius Telecoms
PHI is trading near its 52-week low of $18.61 (6.0% above the low).
Summary
PLDT Inc. posted stable Q1 2026 results, announced plans to fully acquire Radius Telecoms, and faces potential costs from a finalized labor case amid new regulatory changes.
Key Events · Earnings and Guidance · PHI
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Q1 2026 Financial Performance
Revenues increased by 2% to Php56,513 million, Core Income rose by 2% to Php9,093 million, and EBITDA grew by 2% to Php28,288 million. However, Net Income decreased by 2% to Php8,918 million, and Basic EPS also declined by 2% to Php40.98.
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Proposed Acquisition of Radius Telecoms
PLDT's Board approved the proposed acquisition of the remaining 65.1% equity interest in Radius Telecoms from Paragon Vertical Corporation. PLDT currently owns 34.9%, and the acquisition would result in 100% ownership of the fiber optic network provider.
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Konektadong Pinoy Act Takes Effect
The Konektadong Pinoy Act, which introduces an open-access regime in the data transmission sector and mandatory infrastructure sharing, became effective in September 2025. Management is evaluating its potential long-term impact on competitive intensity and financial performance.
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DOLE Compliance Order Finalized
The Supreme Court denied PLDT's motion for partial reconsideration, affirming the remand of a labor case to the DOLE-NCR Regional Office to determine the effects of regularization and compute monetary awards for installation, repair, and maintenance workers.
Analysis · PHI · Technology
PLDT Inc. reported largely stable Q1 2026 financial results with slight increases in revenues and core income, while net income and EPS saw minor declines. The company announced a significant strategic move to acquire the remaining 65.1% stake in fiber optic network provider Radius Telecoms, aiming for 100% ownership. This consolidation is crucial given the new open-access regulatory environment introduced by the Konektadong Pinoy Act, which could intensify competition. Additionally, a Supreme Court decision finalized the remand of a labor case to determine regularization effects and monetary awards for certain workers, indicating potential future costs.
How filings like this one have moved
In the 30 days to Oct 5, 2026, 29.2% of the 1496 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.63%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, PHI was trading at $19.72 on NYSE in the Technology sector, with a market capitalization of approximately $4.3B. The 52-week trading range was $18.61 to $24.51. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.