MANILA, Philippines – The PLDT Group, which recently faced another debacle, is expected to be shielded from serious financial impact in the long term given its stable credit fundamentals and additional buffer from the sale of its towers, according to CreditSights. 'While PLDT is exposed to recent negative headlines, we don't anticipate any long-lasting material operational and financial impact,' the Fitch Group unit said in a report. The office of Smart Communications Inc., the wireless unit of PLDT, was shut down for a few days by the Makati City government last week due to unpaid taxes amounting to P3.
https://business.inquirer.net/389763/pldt-to-weather-recent-troubles-says-credit-watcher#inquirer