PLDT Signs ₱2.94-Billion Deal to Buy Meralco's 65.1% of Radius Telecoms
Ramon Cojuangco Building, Makati Avenue, San Lorenzo, District I, Makati, Southern Manila District, Metro Manila, 1226, Philippines
PLDT
CONFIRMEDDate confidence: CONFIRMEDStated as firmHow firmly the source words the date: confirmed, scheduled, estimated, delayed or unverified.Show all CONFIRMED pins84% CONFIDENCEOverall confidence: 84%How well the pin's source and references back up its dates.Weighted average of how firmly 5 references, the source included, support the pin's start and end times; a reference counts half as much for every 180 days older than the newestShow all pins at 75% confidence or betterStated as done, per PLDT's PSE/SEC[1] disclosure (6-K exhibit): "on June 4, 2026, the Company executed a Share Purchase Agreement with Paragon Vertical Corporation... and Radius Telecoms, Inc."; no signing time is given.
PLDT signed a share purchase agreement with Meralco's Paragon Vertical for the 65.1% of fibre carrier Radius Telecoms it does not own, a PHP 2.935 billion deal that will make Radius a wholly owned unit once the competition and telecom regulators approve.
₱2.9B