PLDT, Inc. (PHI) has released an update.
PLDT Inc. has expanded its investment portfolio by acquiring a 34.9% equity stake in Radius Telecoms, Inc., corresponding to 2,491,516 shares of common stock. The significant investment, completed on April 30, 2024, strengthens PLDT’s position in the telecommunications industry and signals continued growth and strategic partnerships.
For further insights into PHI stock, check out TipRanks’ Stock Analysis page.
