PLDT: More Entrants Can Pose A Significant Downside

Core Insights - PLDT Inc. is a leading telecommunications company in the Philippines, recognized for its dominance in both the fixed-line broadband and mobile broadband markets [1] Company Strategy - The company focuses on leadership economics associated with its business model, aiming for growth through competitive advantages that yield superior returns on capital [1] Investment Approach - The investment philosophy emphasizes value investing, targeting strong companies with trustworthy management and a reasonable price for permanent ownership [1]