PLDT Inc. announced the development of a digital company that will leverage the MVP Group of Companies' data assets and serve as a platform for a serious group-wide digitalization initiative (Digico). This cooperation is the first step in a larger endeavor to provide new prospects for growth and value within the MVP community. Digico will be jointly owned by PLDT, Smart, Meralco, and Metro Pacific Investments Corporation (MPIC). Digico will deploy a technology platform that allows for scaling and seamless integration of services and capabilities. Furthermore, payment and incentive systems are projected to serve as catalysts for enhancing the entire user experience. The payments platform will consolidate the group's multiple payment channels to create a ubiquitous omni-channel solution. This allows for a seamless, secure, and versatile experience for both customers and enterprises.
“This will be ‘the app’ for all Filipinos—their default platform for bills, payments, and rewards,” said Kat Luna-Abelarde, Digico Chief Commercial Officer. “For the MVP Group and our many partners, your growth is a priority for us. Digico will serve as catalyst that could unlock new revenue streams and drive incremental value. For our customers, we are committed to a future where every Filipino can get the convenience and service they deserve,” concluded Manuel V. Pangilinan, the Group CEO. PLDT is the Philippines’ largest 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. PLDT is listed on the Philippine Stock Exchange (PSE:TEL) and its American Depositary Shares are listed on the New York Stock Exchange (NYSE:PHI). PLDT has one of the largest market capitalizations among Philippine-listed companies.
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