Philippine Telegraph & Telephone Corp. (“PT&T” or “Company”) was incorporated on November 1962. In 1964, the Company was granted its first legislative franchise under Republic Act No. 4161. PT&T is currently operating under a legislative franchise granted to it last 2016 under Republic Act No. 10894 allowing it to operate as a telecommunications company for the next 25 years. Since its inception, PT&T has been a pioneer in technological advancements in the telecommunications industry. In support of its operations, PT&T secured various certificates of public convenience and necessity (CPCN) and provisional authorities (PA) allowing it to operate and maintain telecommunications services in the Philippines. PT&T operates wired and wireless telecommunications systems, lines, circuits and stations throughout the Philippines for public domestic and international communications. Subsequently, PT&T was able to provide data communications services to implement its expansion and improvement programs covering the installation, operation, and maintenance of an integrated digital network in the National Capital Region (NCR) including the national packet data network with the accompanying authority to charge rates for said service. PT&T is currently embarking in a comprehensive improvement of all its existing facilities to provide a more reliable and stable internet connection. Relying on the Company’s more than 50 years of experience in telecommunications business and with the unwavering support of the new ownership and management team, the Company is confident that it will once again reclaim its position as one of the country’s leading telecommunications industry.