NTT ups PLDT stake to 15.5%

6 Jul 2007

In a filing with the US Securities and Exchange Commission (SEC), Japan’s Nippon Telegraph and Telephone Corp. (NTT) reported holding a 15.5% stake in the Philippines’ dominant telecoms operator Philippine Long Distance Telephone (PLDT). Reuters reports that in a previous filing, dated 16 April, the Japanese carrier reported holding 14.5% of PLDT.