PLDT Inc. said Tuesday its board approved the subscription of 1.22 billion additional common shares in Kayana Solutions Inc. worth P1.22 billion as part of an effort to drive new growth opportunities within the MVP Group.
The transaction remains subject to the execution of definitive agreements, the company said in a disclosure to the Philippine Stock Exchange. Kayana is a data-powered digital experience company that utilizes the data assets of the MVP Group to deliver hyper-personalized customer engagement and insights.
The additional investment will not change the current ownership structure of the digital firm. PLDT equity ownership in Kayana will remain at 45 percent, while Manila Electric Company and Metro Pacific Investments Corp. each hold 27.5 percent.
The injection comes as the telecommunications giant reported a net income of P25.07 billion in the first nine months of 2025, representing an 11-percent decline from P28.07 billion in the same period in 2024.
Telco core income, which excludes the impact of asset sales and gains from Maya Innovations Holdings, also saw a decrease. That figure declined 5 percent to P25.3 billion from P26.6 billion last year.
