PLDT slashes capex by P20 billion in 2020, virus delays 5G rollout
MANILA, Philippines – Telecommunications giant PLDT will be slashing its capital expenditures (capex) for 2020 by around P20 billion, as the coronavirus pandemic disrupts global supply chains.
In a virtual briefing on Thursday, May 7, PLDT chairman Manny Pangilinan said capex may fall ...