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Eye on Earnings: Telcos’ earnings drop signal tough times
Overall telco sector growth was subdued, highlighted by weaker core net income performance
November 18, 2025
By German de la Paz III and Charles Randy Lumhod
By German de la Paz III and Charles Randy Lumhod
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Publicly held major Philippine telecommunications companies faced difficulties in the third quarter (3Q).
All key players saw earnings decline last quarter compared to a year ago, but a hierarchy may be emerging. Facing financing pressure and diverging digital platform performances, some appear to be better positioned to stand against headwinds.