Labor Union & Job Separation
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UNIVERSITY Republic of the Philippines UNIVERSITY MISSION VISION CAVITE STATE UNIVERSITY The premier university in “Cavite State University shall (CvSU) historic Cavite recognized provide excellent, equitable and Don Severino de las Alas Campus relevant educational opportunities in for excellence in the Indang, Cavite the arts, science and technology development of globally through quality instruction and competitive and morally (046) 415-0010 / 415-0011 responsive research and development upright individuals. (046)415-0012 activities. It shall produce Email Address: [email protected] professional, skilled and morally upright individuals for global competitiveness.” COLLEGE OF ECONOMICS MANAGEMENT AND DEVELOPMENT STUDIES A course requirement in STRATEGIC CORPORATE DEVELOPMENT CASE STUDY About MANG INASAL Submitted to: MRS. NORMIDA HERNANDEZ Submitted by: RIZALYN M. GLUA BSBM-BE III MARCH 09, 2011 INTRODUCTION PLDT is the leader in providing telecommunication services in the country. The company’s business can be divided into three main business areas: fixed line, wireless, and information and communication technology. PLDT is the leading telecommunications service provider in the Philippines. Through its three principal business groups-wireless, fixed line, and information and communications technology-PLDT offers the largest and most diversified range of telecommunications services across The Philippines’ most extensive fibber optic backbone and wireless, fixed line and satellite networks. PLDT is listed on the Philippines Stock Exchange (PSE: TEL) and its American Depositary Shares are listed on the New York Stock Exchange (NYSE:PHI) and the Pacific Exchange. PLDT has one of the largest market capitalizations among the Philippine listed companies. The fixed line business provides local calls, national and international long distance services, which operates around 2.1 million access lines. The wireless segment provides cellular, satellite, and VSAT services. PLDT provides cellular services through SMART, while Piltel is a reseller of SMART’s digital GSM capacity under its own branding and pricing strategy for both voice and text messaging services. The information and communication technology provides solutions for internet applications and multimedia content delivery, with use of internet protocol-based solutions. The internet accesses are provided by Infocom – a subsidiary of ePLDT. And other investees of ePLDT provide e-commerce, call centers, and other IT-related services. HISTORY During the time of Spanish colonization of the Philippines, the Spaniards organized a telephone company that opened in 1890. PLDT was established on November 28, 1928, by an Act of the Philippine Legislature and approved by then-Governor-General Henry L. Stimson by means of a merger of four telephone companies under common US ownership. Known as Act 3436, the bill granted PLDT a 50-year charter and the right to establish a Philippine telephone network linking major points nationwide. However, PLDT had to meet a 40-day deadline to start implementing the network, which would be implemented over a period of one to four years. By the 1930s, PLDT had an expansive fixed-line network and for the first time linked the Philippines to the outside world via radio telephone services connecting the Philippines to the United States and other parts of the world. Telephone service in the Philippines was interrupted due to World War II. At the end of the war, the Philippines' communications infrastructure was in ruin. U.S. military authorities eventually handed over the remains of the communications infrastructure to PLDT in 1947, and with the help of massive U.S. aid to the Philippines during the 1940s and 1950s, PLDT recovered so quickly that its telephone subscribers outpaced that of pre-war levels by 1953. On December 20, 1967, a group of Filipino entrepreneurs and businessmen led by Ramon Cojuangco took control of PLDT after buying its shares from the American telecommunications company GTE. The group took control of PLDT's management on January 1, 1968, with the election of Gregorio S. Licaros and Cojuangco as chairman and president of PLDT respectively. A few months later, PLDT's main office inMakati City (known today as the Ramon Cojuangco Building) was opened, and PLDT's expansion programs begin, hoping to bring reliable telephone services to the rural areas. PLDT was permitted to operate during Martial Law. During the 1970s, PLDT was nationalized by the government of then-President Ferdinand Marcos and in 1981, in furtherance of the then existing policy of the Philippine government to integrate the Philippine telecommunications industry, purchased substantially all of the assets and liabilities of Republic Telephone Company, becoming the country's telephone monopoly. However, after he was overthrown, the company was re-privatized. By 1995, with the passage of the Telecommunications Act and the subsequent deregulation of the Philippine telecommunications industry, the company had been de-monopolized. In 1991, Smart Communications was incorporated, with its major shareholders at the time being certain Philippine companies and other affiliates of First Pacific (the parent company of PLDT), as well as NTT Communications Capital (UK) Limited. Both groups owned around 96.7% of the new company. On March 24, 2000, PLDT completed its share-swap acquisition of Smart, making Smart a 100%-owned PLDT subsidiary. On November 29, 2008 celebrate 80 years and the slogan is We're Changing Lives live on Eat Bulaga at GMA Network in Saturday. On March 2, 2010, PLDT announced that its subsidiary, Media Quest Inc., has acquired 100 percent of Associated Broadcasting Company (TV5) and Primedia Inc. Manuel V. Pangilinan, Chairman | Napoleon L. Nazareno, President and CEO | Dan Ibarra, PLDT Retail Business Group Head BOARD OF DIRECTORS PLDT will be the preferred full service provider of voice, video and data at the most attractive levels of price, service quality, content and coverage, thereby bringing maximum benefit to the Company's stakeholders. Manuel V. Pangilinan, Chairman of the Board Napoleon L. Nazareno, President and CEO Helen Y. Dee Ray C. Espinosa Tatsu Kono Bienvenido F. Nebres, SJ (Independent Director) Takashi Ooi Oscar S. Reyes Albert F. Del Rosario Pedro E. Roxas (Independent Director) Juan B. Santos1 Tony Tan Caktiong Alfred V. Ty (Independent Director) SUBSIDIARIES AND AFFILIATES The following are PLDT's wholly-owned subsidiaries and affiliates (as indicated), divided according to its self-defined categories: Wireless: Telesat Philippines Smart Communications Smart Broadband Smart Connect Holdings (Singapore) Smart Connect Global (Singapore) 3rd Brand (Singapore, 85%-owned affiliate) I-Contacts Corporation Wolfpac Mobile Wireless Card Smarthub Ph Communications Holdings Francom Holdings CURE d/b/a Red Mobile Pilipino Telephone Corporation (99.5%-owned subsidiary via Smart Communications) ACeS Philippines Mabuhay Satellite (67%-owned affiliate) Fixed-Line: PLDT Clark Telecom PLDT Subic Telecom Smart-NTT Multimedia PLDT Global PLDT US PLDT US Retail PLDT UK PLDT HK PLDT HK 1528 LDT HK Ltd PLDT SG PLDT SG Retail Services PLDT-Maratel (97.8%-owned affiliate) Bonifacio Communications Corporation (75%-owned affiliate) PLDT-PhilCom Corporation (100%-owned affiliate) Information and Communications Technology: ePLDT ePLDT Ventus Vocativ Systems Parlance Systems SPi Technologies Infocom Technologies (99.6%-owned affiliate) iPlus Intelligent Network, Inc. Digital Paradise Thailand (87.5%-owned affiliate in Thailand) netGames (80%-owned affiliate) Digital Paradise (75%-owned affiliate) Level Up! (60%-owned affiliate) Broadcasting: MediaQuest Holdings, Inc. Associated Broadcasting Company Primedia Inc. Nation Broadcasting Corporation GV Broadcasting Systems/ Media Scape (50%-owned affiliate) Cignal Digital TV Business World (30%-owned affiliate) Wireless PLDT reported that as of December 31, 2009, its mobile phone subscriber base reached 41,328,641 users, combining subscribers using Smart, Talk 'N Text, and Red Mobile. MISSION STATEMENT PLDT will be the preferred full service provider of voice, video and data at the most attractive levels of price, service quality, content and coverage, thereby bringing maximum benefit to the Company's stakeholders. VISION STATEMENT PLDT is an employer of choice. A high performing organization, a great place to work in, attracting and retaining the best talents in the marketplace, best in class and proud of its heritage. MATRIX OF MISSION AND VISION OF PLDT AND COMPETITORS COMPANY NAME MISSION VISION PLDT will be the PLDT is an employer of preferred full service provider choice. A high performing of voice, video and data at the organization, a great place to PLDT most attractive levels of price, work in, attracting and service quality, content and retaining the best talents in coverage, thereby bringing the marketplace, best in class maximum benefit to the and proud of its heritage. Company's stakeholders. Committed to nation building To be the most preferred full and countryside development, service telecommunications DIGITEL we provide reliable provider in the country. communication access through seamless connectivity linking the Filipinos to each other and to the rest of the world. We put our Customers first. Making great things possible. Our people make the difference. We act with integrity. GLOBE We care like an owner. We keep things simple. To us, it's be fast or be last. I love