On the Record · Pldt
Pldt acquisitions, on the record
The businesses Pldt bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Sky Cable Corporation (broadband business and related assets of Sky)Word for word“On March 16, 2023, PLDT entered into a Sale and Purchase Agreement with Sky Vision Corporation, ABS-CBN Corporation and Lopez, Inc. for the proposed acquisition by PLDT of the broadband business and related assets of Sky through the purchase of 100% of Sky’s total issued and outstanding capital stock.” 20-F for 2023 | agreed acquisition | March 16, 2023 | — |
telecom towersWord for word“As of December 31, 2022, we have completed the sale of a total of 4,665 telecom towers, or 79% of the towers portfolio under sale, for a total consideration of Php60,492 million.” 20-F for 2023 | divestiture | As of December 31, 2022 | Php60,492 million |
Pacific Global One Aviation (PG1)Word for word“On February 28, 2022, PLDT signed a deed of assignment, under which investors led by Philex Mining Corporation, Metro Pacific Corporation (MPIC), and Roxas Holdings, Inc. each acquired a total of Php44.7 million worth of equity interest in Pacific Global One Aviation (PG1) from PLDT, diluting PLDT’s ownership from 65.3% to 47.6%.” 20-F for 2023 | divestiture | February 28, 2022 | Php44.7 million |
Multisys Technologies Corporation (Multisys)Word for word“On July 29, 2022, PGIH acquired additional 227 common shares of Multisys Technologies Corporation (Multisys) from the existing holder, representing a 4.99% of interest, for a total consideration of Php248 million.” 20-F for 2023 | acquisition | July 29, 2022 | Php248 million |
Digitel (controlling interest)Word for word“As a condition of our acquisition of a controlling interest in Digitel, we have agreed with the NTC to divest the congressional franchise, spectrum and related permits held by CURE following the migration of CURE’s Red Mobile subscriber base to Smart.” 20-F for 2023 | acquisition | — | — |
telecommunications business of SMCWord for word“We have an on-going petition with the PCC with respect to our acquisition of the telecommunications business of SMC in 2016, as well as an outstanding petition pending resolution by the Philippine Supreme Court with respect to the regularization orders by the DOLE.” 20-F for 2023 | acquisition | in 2016 | — |
Digital Telecommunications Phils., Inc. (Digitel)Word for word“On October 26, 2011, PLDT completed the acquisition of a controlling interest in Digital Telecommunications Phils., Inc., or Digitel, from JG Summit Holdings, Inc., or JGSHI, and its affiliates, or collectively, the JG Summit Group.” 20-F for 2024 | acquisition | October 26, 2011 | — |
RadiusWord for word“On April 30, 2024, PLDT Inc. acquired 2,491,516 common shares of Radius, representing 34.9% equity interest, for a total consideration of Php2,116 million.” 20-F for 2024 | acquisition | On April 30, 2024 | Php2,116 million |
CURE spectrumWord for word“In the case of CURE, PLDT has agreed to divest the CURE spectrum as a part of the NTC decision with respect to PLDT’s acquisition of a controlling interest in Digitel.” 20-F for 2024 | agreed divestiture | — | — |
KayanaWord for word“Consequently, as at December 31, 2024, PLDT lost its control over Kayana and accounted for its remaining interest as an investment in associate.” 20-F for 2024 | divestiture | as at December 31, 2024 | — |
MultisysWord for word“The transaction was completed on April 5, 2025.” 20-F for 2025 | acquisition | April 5, 2025 | — |
Read from Pldt’s annual reports (20-F for 2025, 20-F for 2024, 20-F for 2023) and the financial data it files with the SEC, as of 2026-04-27. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.