6-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

OF THE SECURITIES EXCHANGE ACT OF 1934

For the month of October 2022

(Commission File No. 1-03006)

PLDT Inc.

(Translation of registrant’s name into English)

Ramon Cojuangco Building

Makati Avenue

Makati City

Philippines

(Address of registrant’s principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F ☒  Form 40-F  ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101 (b) (1):

    Yes  ☐    No  ☒

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101 (b) (7):

    Yes  ☐    No  ☒

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

    Yes  ☐    No  ☒

NOTE REGARDING FORWARD-LOOKING STATEMENTS

Some information in this report may contain forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933 and Section 21E of the U.S. Securities Exchange Act of 1934.  We have based these forward-looking statements on our current beliefs, expectations and intentions as to facts, actions and events that will or may occur in the future.  Such statements generally are identified by forward-looking words such as “believe,” “plan,” “anticipate,” “continue,” “estimate,” “expect,” “may,” “will” or other similar words.

A forward-looking statement may include a statement of the assumptions or bases underlying the forward-looking statement.  We have chosen these assumptions or bases in good faith.  These forward-looking statements are subject to risks, uncertainties and assumptions, some of which are beyond our control.  In addition, these forward-looking statements reflect our current views with respect to future events and are not a guarantee of future performance.  Actual results may differ materially from information contained in the forward-looking statements as a result of a number of factors, including, without limitation, the risk factors set forth in “Item 3. Key Information – Risk Factors” in our annual report on Form 20-F for the fiscal year ended December 31, 2021. You should also keep in mind that any forward-looking statement made by us in this report or elsewhere speaks only as at the date on which we made it.  New risks and uncertainties come up from time to time, and it is impossible for us to predict these events or how they may affect us.  We have no duty to, and do not intend to, update or revise the statements in this report after the date hereof.  In light of these risks and uncertainties, you should keep in mind that actual results may differ materially from any forward-looking statement made in this report or elsewhere.

1

EXHIBIT INDEX

Exhibit	Description
99.1		Copies of the disclosure letters that we filed today with the Securities and Exchange Commission, Philippine Stock Exchange and Philippine Dealing & Exchange Corporation regarding a press release entitled “PLDT builds $75M PH link of Asia Direct Cable, boosts Intra-Asia Connectivity”.

2

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereto duly authorized.

PLDT Inc.
By:	/s/ Marilyn A. Victorio-Aquino
Name:	Marilyn A. Victorio-Aquino
Title:	Corporate Secretary

Date: October 21, 2022

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EX-99.1

 

Exhibit 99.1

EXHIBITS

Exhibit Number		Page
99.1	Copies of the disclosure letters that we filed today with the Securities and Exchange Commission, Philippine Stock Exchange and Philippine Dealing & Exchange Corporation regarding a press release entitled “PLDT builds $75M PH link of Asia Direct  Cable, boosts Intra-Asia Connectivity”.

   

October 21, 2022

Philippine Stock Exchange

6/F Philippine Stock Exchange Tower

28^th Street corner 5^th Avenue

Bonifacio Global City, Taguig City

Attention: Ms. Alexandra D. Tom Wong

OIC - Disclosure Department

Securities & Exchange Commission

Secretariat Building, PICC Complex

Roxas Boulevard, Pasay City

Attention: Mr. Vicente Graciano P. Felizmenio, Jr.

Director – Markets and Securities Regulation Dept.

Philippine Dealing & Exchange Corporation

29th Floor, BDO Equitable Tower                                                 

8751 Paseo de Roxas, Makati City 1226

Attention:  Atty. Marie Rose M. Magallen-Lirio

Head - Issuer Compliance and Disclosure Department

Gentlemen:

We submit herewith PSE Disclosure Forms 4-30 and 4-31 in relation to a press release entitled “PLDT builds $75M PH link of Asia Direct Cable, boosts Intra-Asia Connectivity”.

This shall also serve as the disclosure letter for the purpose of complying with PSE Revised Disclosure Rules.

Very truly yours,

PLDT Inc.

/s/Marilyn A. Victorio-Aquino

Marilyn A. Victorio-Aquino

Corporate Secretary

   

COVER SHEET

SEC Registration Number
P	W	-	5	5

Company Name

P L D T I N C.

Principal Office (No./Street/Barangay/City/Town/Province)

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Form Type				Department requiring the report					Secondary License Type, If Applicable
	17	-	C		M	S	R	D

COMPANY INFORMATION

Company’s Email Address Company’s Telephone Number/s Mobile Number

No. of Stockholders	Annual Meeting Month/Day	Fiscal Year Month/Day
11,462 As of September 30, 2022	Every 2nd Tuesday of June	December 31

CONTACT PERSON INFORMATION
The designated contact person MUST be an Officer of the Corporation

Name of Contact Person	Email Address	Telephone Number/s	Mobile Number
Marilyn A. Victorio-Aquino	mvaquino@pldt.com.ph	82500254
Name of Contact Person	Email Address	Telephone Number/s	Mobile Number

Contact Person’s Address

MGO Building, Legaspi St. corner Dela Rosa St., Makati City

Note:  In case of death, resignation or cessation of office of the officer designated as contact person, such incident shall be reported to the Commission within thirty (30) calendar days from the occurrence thereof with information and complete contact details of the new contact person designated.

   

SECURITIES AND EXCHANGE COMMISSION

CURRENT REPORT UNDER SECTION 17

OF THE SECURITIES REGULATION CODE

AND SRC RULE 17.1

1.	October 21, 2022
	Date of Report (Date of earliest event reported)
2.	SEC Identification Number PW-55
3.	BIR Tax Identification No. 000-488-793
4.	PLDT Inc.
	Exact name of issuer as specified in its charter
5.	PHILIPPINES	6. ____________ (SEC Use Only)
	Province, country or other jurisdiction of Incorporation	Industry Classification Code
7.	Ramon Cojuangco Building, Makati Avenue, MakatiCity	1200
	Address of principal office	Postal Code
8.	(632) 82500254
	Issuer's telephone number, including area code
9.	Not Applicable
	Former name or former address, if changed since last report
10.	Securities registered pursuant to Sections 8 and 12 of the Securities Regulation Code and Sections 4 and 8 of the Revised Securities Act

Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding

   

                                   PLDT Inc.

TEL

PSE Disclosure Form 4-30 - Material Information/Transactions

References: SRC Rule 17 (SEC Form 17-C) and Sections 4.1 and 4.4 of

the Revised Disclosure Rules

Subject of the Disclosure

PLDT builds $75M PH link of Asia Direct Cable, boosts Intra-Asia Connectivity

Background/Description of the Disclosure

The Philippines’ largest fully integrated telco PLDT will continue to expand its international cable network as the initial phase of cable construction of the Asia Direct Cable (ADC) begins in Batangas, just months after the successful launch of the Jupiter cable system.

The construction of the 9,400-kilometer subsea cable will commence in the Philippines and target completion of all landing links is end of 2023. Submarine fiber optic cables are among the most critical components of the internet’s infrastructure, as they serve as the global backbone connecting countries while carrying massive amounts of data that enable digital trade across the globe. 

When completed, ADC will link seven international cable landing points across East and Southeast Asia from Batangas, Philippines to Tuas, Singapore; Chung Hom Kok, Hong Kong; Maruyama, Japan; Quy Nhon, Vietnam; Sri Racha, Thailand; and Shantou, China.

“Along with PLDT’s existing international submarine cable systems, the Asia Direct Cable will boost and diversify the Philippines’ connectivity within the Asian region,” said PLDT President & CEO, Al S. Panlilio. 

“ADC will strengthen not only PLDT’s global network, but will also further advance the country’s digitalization and growing digital economy,” adds Panlilio.

The cable system will feature a minimum of 200G DWDM system per wavelength design, which will significantly expand PLDT’s network bandwidth going in and out of the country. Once fully equipped, this will provide PLDT an additional international network capacity of at least 36Tbps for faster delivery of hyperscale data across East and Southeast Asia.

“The Asia Direct Cable will strongly bolster PLDT’s mission to make the Philippines the next hyperscaler destination in Asia-Pacific. This investment solidifies our commitment to enrich and synergize the country’s Hyperscale Ecosystem of connected digital infrastructures, such as data centers, subsea cables, domestic fiber network, 5G, cloud, and IOT,” said PLDT SVP & Head of Enterprise Business Group, Jojo G. Gendrano.

ADC and the recently energized Jupiter cable system will drive global data straight to and from VITRO Sta. Rosa and the rest of PLDT’s data center facilities across the country, strengthening the Philippines’ advantage as a strategic digital hub in the region. The interconnection between these massive infrastructures will further enrich the country’s IP ecosystem hosted in the VITRO internet exchange (VIX). VIX provides cloud service operators, content providers and global carriers access to the country’s massive digital-savvy consumers enabling synergies through data exchange amongst entities. 

ADC is a global consortium comprised of leading communications and technology companies, including PLDT, China Telecom, China Unicom, National Telecom, Singtel, SoftBank Corp., Tata Communications and Viettel Group. 

The upcoming activation of ADC and Apricot cables systems will increase to 19 the number of international submarine cable systems of PLDT and once fully equipped will expand current international network capacity of 60 Tbps to over 130 Tbps.Together with the most expansive fiber optic cable infrastructure and the largest data center network across the archipelago, PLDT’s network remains unparalleled in the Philippines.

   

Other Relevant Information

Please refer to the attached press release.

   

PLDT Inc.

TEL

PSE Disclosure Form 4-31 Press Release References: SRC Rule 17 (SEC Form 17-C) and Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Press release entitled “PLDT builds $75M PH link of Asia Direct Cable, boosts Intra-Asia Connectivity”.

Background/Description of the Disclosure

The Philippines’ largest fully integrated telco PLDT will continue to expand its international cable network as the initial phase of cable construction of the Asia Direct Cable (ADC) begins in Batangas, just months after the successful launch of the Jupiter cable system.

The construction of the 9,400-kilometer subsea cable will commence in the Philippines and target completion of all landing links is end of 2023. Submarine fiber optic cables are among the most critical components of the internet’s infrastructure, as they serve as the global backbone connecting countries while carrying massive amounts of data that enable digital trade across the globe. 

When completed, ADC will link seven international cable landing points across East and Southeast Asia from Batangas, Philippines to Tuas, Singapore; Chung Hom Kok, Hong Kong; Maruyama, Japan; Quy Nhon, Vietnam; Sri Racha, Thailand; and Shantou, China.

“Along with PLDT’s existing international submarine cable systems, the Asia Direct Cable will boost and diversify the Philippines’ connectivity within the Asian region,” said PLDT President & CEO, Al S. Panlilio. 

“ADC will strengthen not only PLDT’s global network, but will also further advance the country’s digitalization and growing digital economy,” adds Panlilio.

The cable system will feature a minimum of 200G DWDM system per wavelength design, which will significantly expand PLDT’s network bandwidth going in and out of the country. Once fully equipped, this will provide PLDT an additional international network capacity of at least 36Tbps for faster delivery of hyperscale data across East and Southeast Asia.

“The Asia Direct Cable will strongly bolster PLDT’s mission to make the Philippines the next hyperscaler destination in Asia-Pacific. This investment solidifies our commitment to enrich and synergize the country’s Hyperscale Ecosystem of connected digital infrastructures, such as data centers, subsea cables, domestic fiber network, 5G, cloud, and IOT,” said PLDT SVP & Head of Enterprise Business Group, Jojo G. Gendrano.

ADC and the recently energized Jupiter cable system will drive global data straight to and from VITRO Sta. Rosa and the rest of PLDT’s data center facilities across the country, strengthening the Philippines’ advantage

as a strategic digital hub in the region. The interconnection between these massive infrastructures will further enrich the country’s IP ecosystem hosted in the VITRO internet exchange (VIX). VIX provides cloud service operators, content providers and global carriers access to the country’s massive digital-savvy consumers enabling synergies through data exchange amongst entities. 

ADC is a global consortium comprised of leading communications and technology companies, including PLDT, China Telecom, China Unicom, National Telecom, Singtel, SoftBank Corp., Tata Communications and Viettel Group. 

The upcoming activation of ADC and Apricot cables systems will increase to 19 the number of international submarine cable systems of PLDT and once fully equipped will expand current international network capacity of 60 Tbps to over 130 Tbps.Together with the most expansive fiber optic cable infrastructure and the largest data center network across the archipelago, PLDT’s network remains unparalleled in the Philippines.

   

Other Relevant Information

Please refer to the attached press release

COVER SHEET

   

SEC Registration Number
P	W	-	5	5

Company Name

P L D T I N C.

Principal Office (No./Street/Barangay/City/Town/Province)

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Form Type				Department requiring the report					Secondary License Type, If Applicable
	17	-	C		M	S	R	D

COMPANY INFORMATION

Company’s Email Address Company’s Telephone Number/s Mobile Number

No. of Stockholders	Annual Meeting Month/Day	Fiscal Year Month/Day
11,462 As of September 30, 2022	Every 2nd Tuesday of June	December 31

CONTACT PERSON INFORMATION
The designated contact person MUST be an Officer of the Corporation

Name of Contact Person	Email Address	Telephone Number/s	Mobile Number
Marilyn A. Victorio-Aquino	mvaquino@pldt.com.ph	82500254

Contact Person’s Address

MGO Building, Legaspi St. corner Dela Rosa St., Makati City

Note:  In case of death, resignation or cessation of office of the officer designated as contact person, such incident shall be reported to the Commission within thirty (30) calendar days from the occurrence thereof with information and complete contact details of the new contact person designated.

   

SECURITIES AND EXCHANGE COMMISSION

CURRENT REPORT UNDER SECTION 17

OF THE SECURITIES REGULATION CODE

AND SRC RULE 17.1

1. October 21, 2022

Date of Report (Date of earliest event reported)

2. SEC Identification Number PW-55

3. BIR Tax Identification No. 000-488-793

4. PLDT Inc.

Exact name of issuer as specified in its charter

5. PHILIPPINES6.____________ (SEC Use Only)  

Province, country or other jurisdictionIndustry Classification Code

of Incorporation

7.Ramon Cojuangco Building, Makati Avenue, Makati City1200

   Address of principal officePostal Code

8.(632)82500254

Issuer's telephone number, including area code

9.Not Applicable

Former name or former address, if changed since last report

10. Securities registered pursuant to Sections 8 and 12 of the Securities Regulation Code and Sections 4 and 8 of the Revised Securities Act

Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding

________________________________________________________________

________________________________________________________________

________________________________________________________________

   

11.  Item 9 (Other events)

Attached hereto is a Press Release entitled “PLDT builds $75M PH link of Asia Direct Cable, boosts Intra-Asia Connectivity”.

Pursuant to the requirements of the Securities Regulation Code, the Company has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.

PLDT INC.

By:

/s/ Marilyn A. Victorio-Aquino

Marilyn A. Victorio-Aquino

Corporate Secretary

October 21, 2022

   

PLDT Press Release

PLDTbuilds$75MPHlinkofAsiaDirectCable, boosts Intra-Asia Connectivity

MANILA, Philippines, October 21, 2022 – The Philippines’ largest fully integrated telcoPLDTwill continue to expand its international cablenetworkas the initial phase of cableconstructionoftheAsiaDirectCable(ADC)beginsinBatangas,justmonthsafter the successful launch of the Jupiter cable system.

Theconstructionofthe9,400-kilometersubseacablewillcommenceinthePhilippines and target completion of all landing links is end of 2023. Submarine fiber optic cables are among the most critical components of the internet’s infrastructure, as they serve as the global backbone connecting countries while carrying massive amounts of data that enable digital trade across the globe.

When completed, ADC will link seven international cable landing points across East andSoutheastAsiafromBatangas,PhilippinestoTuas,Singapore;ChungHomKok, Hong Kong; Maruyama, Japan; Quy Nhon, Vietnam; Sri Racha, Thailand; and Shantou, China.

“Along with PLDT’s existing international submarine cable systems, the Asia Direct CablewillboostanddiversifythePhilippines’connectivitywithintheAsianregion,”said PLDT President & CEO, Al S. Panlilio.

“ADCwillstrengthennotonlyPLDT’sglobalnetwork,butwillalsofurtheradvancethe country’s digitalization and growing digital economy,” adds Panlilio.

The cable system will feature a minimum of 200G DWDM system per wavelength design,which will significantly expand PLDT’s networkbandwidth going in and outof the country. Once fully equipped, this will provide PLDT an additional international networkcapacityofatleast36TbpsforfasterdeliveryofhyperscaledataacrossEast and Southeast Asia.

“TheAsiaDirectCablewillstronglybolsterPLDT’smissiontomakethePhilippinesthe nexthyperscalerdestination in Asia-Pacific.This investmentsolidifies ourcommitment to enrich and synergize the country’s Hyperscale Ecosystem of connected digital infrastructures, such as data centers, subsea cables, domestic fiber network, 5G, cloud, and IOT,” said PLDT SVP & Head of Enterprise Business Group, Jojo G. Gendrano.

ADCandtherecentlyenergizedJupitercablesystemwilldriveglobaldatastraightto and from VITRO Sta. Rosa and the rest of PLDT’s data center facilities across the country, strengthening the Philippines’ advantage as a strategic digital hub in the region. The interconnection between these massive infrastructures will further enrich thecountry’sIPecosystemhostedintheVITROinternetexchange(VIX).VIXprovides cloud service operators, content providers and global carriers access to the country’s massive digital-savvy consumers enabling synergies through data exchange amongst entities.

ADC is a global consortium comprised of leading communications and technology companies,includingPLDT,ChinaTelecom,ChinaUnicom,NationalTelecom,Singtel, SoftBank Corp., Tata Communications and Viettel Group.

The upcoming activation of ADC and Apricot cables systems will increase to 19 the numberofinternationalsubmarinecablesystemsofPLDTandoncefullyequippedwill expand current international network capacity of 60 Tbps to over 130 Tbps. Together with the most expansive fiber optic cable infrastructure and the largest data center network across the archipelago, PLDT’s network remains unparalleled in the Philippines.

xx

   

This press release may contain some statements which constitute “forward-looking statements” that are subject to a number of risks and opportunities that could affect PLDT’s business and results of operations.Although PLDT believes that expectations reflected in any forward-looking statements are reasonable, it can give no guarantee of future performance, action or events.

Forfurtherinformation,pleasecontact:

AnabelleL.Chua	MelissaV.VergeldeDios	CathyY. Yang
pldt_ir_center@pldt.com.ph	pldt_ir_center@pldt.com.ph	cyyang@pldt.com.ph

AboutPLDT

PLDT is the Philippines’ largest fully integrated telco company. Through its principal business groups – from fixed line to wireless – PLDT offers a wide range of telecommunications and digital services across the Philippines’ most extensive fiber optic backbone, and fixed line and cellular networks.

PLDTislistedonthePhilippineStockExchange(PSE:TEL)anditsAmericanDepositary Shares are listed on the New York Stock Exchange (NYSE:PHI). PLDT has one of the largest market capitalizations among Philippine-listed companies.

Formoreinformation,visit:www.pldt.com

   

Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

		PLDT Inc.
By	:	/s/Marilyn A. Victorio-Aquino
Name	:	Marilyn A. Victorio-Aquino
Title	:	Corporate Secretary

Date:  October 21, 2022