PLDT chief expects competition, financing costs to hit 2010 profit (ABS-CBNNEWS.com)

MANILA, Philippines - Giant Philippine Long Distance Telephone Co. (PLDT) slightly exceeded its P41-billion target core income in 2009. The telco giant reported P41.1 billion in net income last year as against P38.1 billion in 2008.This year, the phone giant said it expects to post just over P41 billion in core net income. Add comment March 2nd, 2010