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PLDT Inc.
5/4/2023
Good afternoon and thank you for joining us today to discuss the company's financial and operating results for the first quarter of 2023. A copy of today's presentation is posted on our website. For those who have not been able to do so, you may download the presentation from www.com under the investment investor relations section. Kindly note that this briefing is being recorded. Podcasts of this event will be available on our website after the call. To our quotes for the presentation, the MD&A, FS, and the podcast are on the screen and in the confirmation notices emailed to you. In today's presentation, we have with us our chairman, Mr. Manny Pangirinan, Alphan Lilio, our president and CEO, Mr. Danny Yu, our newly appointed Chief Finance Officer, Attorney Marilyn Aquino, our CORSEC and Chief Legal Officer, Mr. Shailesh Vaidwan, President of Voyager Innovations in Maya, Philippines, as well as other members of the PLVT Management. It's time that we turn the floor over to Mr. Pandilio to begin the presentation.
Thank you, Melissa. Good afternoon to all and thank you for joining us today. I'm happy to report the first quarter is sold. But as you all know, the first quarter has been very tough for us. Challenges that we had in the first quarter that we were able to resolve at the end of the first quarter. Having said that, I think last year we also defined our purpose. I think first time we were able to find our positive and smart. I just wanted to share that we are a Filipino company inspired by innovation and meaningful connections through generation. That has been the purpose that we define as management and working with the entire organization also. We've also refined our vision and mission, as you can read on the screen. So that purpose drives us in our key business priorities. We stay to shape the market with innovation, with new products, even looking into new areas of business for reality. As we continue, obviously, to grow our core business, we continue to strengthen this. Very healthy businesses that we have from individual wireless home to enterprise. A bit of level still at the very healthy 52% margin in the first quarter compared to 51% in 2022. And also, of course, NAS is part of our strategic 100% equalization to streamline our operations, bringing cost to serve down. having more efficiencies, and really being more productive as a company. So we continue to reinforce our core infrastructure built in SMART. Almost passed by the end of the period, 11%. We're now hitting 17.2 million homes, close to, I think, Jeremiah, about how many barangays?
About 17,000.
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