PLDT Inc.'s attributable net income decreased by 7.12% to P30.01 billion in 2025 due to higher expenses and flat core earnings. The company is now considering a real estate investment trust (REIT) listing for its data center business, VITRO, after abandoning plans to sell a minority stake, as potential investors sought majority control. Maya Group, jointly owned by PLDT and First Pacific Co. Ltd., reported its first full-year profit, with an IPO targeted for the second half of the year.
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PLDT income eases 7%; data center REIT plan under study
PLDT Inc.'s attributable net income decreased by 7.12% to P30.01 billion in 2025 due to higher expenses and flat core earnings. The company is now considering a real estate investment trust (REIT) listing for its data center business, VITRO, after abandoning plans to sell a minority stake, as potential investors sought majority control. Maya Group, jointly owned by PLDT and First Pacific Co. Ltd., reported its first full-year profit, with an IPO targeted for the second half of the year.