Smart announced the rollout of a new local breakout technology, underscoring the company’s ongoing investment in advanced network solutions.
PLDT’s Chief Operating Officer and Head of Network, Menardo G. Jimenez Jr., said the initiative reflects a broader commitment to deliver exceptional services to customers worldwide, not limited to the Philippines.
Nokia’s Vice‑President for Asia Pacific, Henrique Vale, highlighted that the Core SaaS Edge solution enhances connectivity by improving roaming experiences, and that collaboration with forward‑looking telecom providers drives progress toward a more connected future.
Following the announcement, PLDT’s shares increased by 1.21%, rising P14 to close at P1,175 per share.
Hastings Holdings, a unit of the PLDT Beneficial Trust Fund subsidiary, maintains a majority stake in BusinessWorld through the Philippine Star Group.
