C05713-2023

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)
Jul 26, 2023
2. SEC Identification Number
PW-55
3. BIR Tax Identification No.
000-488-793
4. Exact name of issuer as specified in its charter
PLDT Inc.
5. Province, country or other jurisdiction of incorporation
PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
RAMON COJUANGCO BUILDING, MAKATI AVENUE, MAKATI CITY Postal Code 1200
8. Issuer's telephone number, including area code
(632) 8250-0254
9. Former name or former address, if changed since last report
NOT APPLICABLE
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
- -
11. Indicate the item numbers reported herein
-

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

PLDT Inc.TEL

PSE Disclosure Form 4-13 - Clarification of News Reports References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

PLDT Inc.'s response to the Philippine Dealing and Exchange Corporation’s letter dated July 20, 2023 wherein PLDT Inc. was requested to confirm the veracity of the news article entitled “PLDT gets NTC nod for two cable landing stations” as posted in BusinessWorld (Online Edition) on July 20, 2023.
Source BusinessWorld (Online Edition)
Subject of News Report “PLDT gets NTC nod for two cable landing stations”
Date of Publication Jul 20, 2023
Clarification of News Report

We reply to your letter dated 20 July 2023 requesting for confirmation of the veracity of the excerpt from the BusinessWorld article, as below:

“PLDT Inc. said on Wednesday that it received provisional authority from the National Telecommunications Commission (NTC) to construct two new cable stations.

The two new stations in Baler, Aurora, and Digos, Davao del Sur will host the Apricot cable system, an intra-Asia submarine cable that faces the Pacific side of the Philippines.

They will give telecommunication companies alternate routes that do not traverse the usual West Philippine Sea waters, PLDT said in a press release.

“The Apricot cable system’s route ensures a significantly higher degree of resilience. When our Baler and Davao cable landing stations are completed, PLDT will have alternate sites facing the Pacific, making it easier to hook up to data offices in the US,” said PLDT President and Chief Executive Officer Alfredo S. Panlilio in a statement.

The new cable landing facilities and the Apricot cable system are expected to be completed by 2025 and will connect the Philippines to Japan, Singapore, Indonesia, Taiwan, and Guam. The cable system will further augment PLDT’s international capacity and raise it to more than 140 terabytes per second once fully equipped.”

Please be advised that:

• PLDT confirms receipt of Provisional Authorities from the National Telecommunications Commission to establish, install, and operate two (2) international cable landing stations in:
o Baler, Quezon
o Digos, Davao del Sur

• The above cable landing stations will host the Apricot Cable System (“APRICOT”)

• Based on the latest timetable, APRICOT will be ready for service by end 2025

• When the Asia Direct Cable (ADC) and APRICOT are fully equipped, PLDT’s total international capacity is anticipated to be more than 140 terabytes per second (TBps), higher than the previous estimate of 130TBps resulting from a higher number of fiber pairs to be commissioned for ADC.
Other Relevant Information

Please refer to the attachment.
Filed on behalf by:
Name Kristine Mariz De Claro
Designation Associate Attorney