PT&T
Telecommunications company in the Philippines
title: "PT&T" type: doc version: 1 created: 2026-02-28 author: "Wikipedia contributors" status: active scope: public tags: ["telecommunications-companies-of-the-philippines", "telecommunications-companies-established-in-1962", "1962-establishments-in-the-philippines"] description: "Telecommunications company in the Philippines" topic_path: "engineering" source: "https://en.wikipedia.org/wiki/PT&T" license: "CC BY-SA 4.0" wikipedia_page_id: 0 wikipedia_revision_id: 0
::summary Telecommunications company in the Philippines ::
::data[format=table title="infobox company"]
| Field | Value |
|---|---|
| name | PT&T |
| type | Public |
| traded_as | (suspended since December 13, 2004) |
| logo | PT&T_Logo_2020.png |
| logo_caption | Logo used since 2018 |
| founded | |
| key_people | {{Unbulleted list |
| products | {{Unbulleted list |
| net_income | -₱22.79 million (2021) |
| website | https://www.ptt.com.ph |
| module | |
| :: |
| name = PT&T | type = Public | traded_as = (suspended since December 13, 2004) | logo = PT&T_Logo_2020.png | logo_caption = Logo used since 2018 | founded = | key_people = {{Unbulleted list | Roberto B. Ortiz, Chairman | James G. Velasquez, President and CEO | products = {{Unbulleted list | Broadband (Connectivity) | IT Services | net_income = -₱22.79 million (2021) | website = https://www.ptt.com.ph | module =
The ** Philippine Telegraph and Telephone Corporation (PT&T)** is a telecommunications service provider in the Philippines since its establishment in 1962. The company caters to corporate, small/medium business, and residential segments across the country. PT&T's business is categorized into two major services: Connectivity and IT Services.
History
PT&T was incorporated on October 16, 1962, and subsequently registered with the Philippine Securities and Exchange Commission on November 14, 1962, under the laws of the Philippines.
PT&T was granted a 25-year national legislative franchise on June 20, 1964, under Republic Act (“RA”) No. 4161, as amended by RA Nos. 5048 and 6970. On July 21, 2016, under RA No. 10894, the company was granted an extension of its franchise for another 25 years.
PT&T was listed on January 10, 1990, for the trading of its common shares but requested voluntary suspension of trading effective December 13, 2004. ::figure[src="https://upload.wikimedia.org/wikipedia/commons/0/00/PTT_Old_logo.png" caption="Former logo of PT&T during 1990s to early 2000s"] ::
It was a major competitor of PLDT in the 1990s prior to the 1997 Asian financial crisis.
In 2017, a consortium led by businessmen Lucio Tan, Jr., Salvador Zamora II, and Benjamin Bitanga acquired a majority stake of 70% in the ownership of PT&T from its previous owner Republic Telecommunication Holdings. The acquisition price was not disclosed.
In November 2017, the company announced that it entered negotiations with China Telecom and Datang Telecom Technology regarding plans to form a consortium for its bid. In 2018, PT&T bid to become the country's third telecommunications provider. PT&T was disqualified, thus the winner of the bid were the Mislatel consortium (which became Dito Telecommunity). The National Telecommunications Commission (NTC) said that PT&T failed to meet the technical requirements it set for bidders.
Ownership
::data[format=table title="Updated Shareholding Structure of PT&T as of 31 December 2022:"]
| Major Shareholder | % of total | Common Shares |
|---|---|---|
| Menlo Capital Corporation | 37.33% | 559,999,998 |
| Telectronic Systems, Inc. (TSI) | 20.00% | 300,000,241 |
| Republic Telecommunications Holdings, Inc. (RETELCOM) | 18.59% | 278,873,526 |
| TIMCO Holdings, Inc. | 8.08% | 121,126,474 |
| Public | 15.99% | 239,992,753 |
| :: |
References
References
- Camus, Miguel. (25 August 2017). "Lucio Tan Jr.'s group acquires PT&T".
- (July 21, 2016). "Republic Act No. 10894".
- Perez, Emeterio. (29 May 2020). "PT&T suspended since Dec. 9, 2004".
- (20 December 2017). "Duterte wants telco duopoly broken by March". Philippine Daily Inquirer.
- (7 November 2018). "PT&T failed to show ‘technical capability’ in bid for third telco, NTC insists".
::callout[type=info title="Wikipedia Source"] This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page. ::