One telco that could use a Christmas miracle this season is Philippine service provider PLDT. The company's stock dropped dramatically - around 19% on Monday - after news that there's <a href="https://www.lightreading.com/opticalip-networks/pldt-faces-securities-probe-after-$866m-budget-overrun/d/d-id/782439" rel="noopener noreferrer" target="_blank">$866 million in unaccounted capital spending</a>.<hr> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.

One telco that could use a Christmas miracle this season is Philippine service provider PLDT. The company's stock dropped dramatically - around 19% on Monday - after news that there's $866 million in unaccounted capital spending. Hosted on Acast. See acast.com/privacy for more information.

One telco that could use a Christmas miracle this season is Philippine service provider PLDT. The company's stock dropped dramatically - around 19% on Monday - after news that there's&nbsp;<a href="https://www.lightreading.com/opticalip-networks/pldt-faces-securities-probe-after-$866m-budget-overrun/d/d-id/782439" rel="noopener noreferrer">$866 million in unaccounted capital spending</a>. Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer">acast.com/privacy</a> for more information.

PLDT grapples with fallout of missing millions

This feed is Light Reading's main podcast feed for "The Light Reading Podcast," "The Divide," "The Light Reading Extra," and "What's the Story?" Light Reading provides daily news, analysis and insight for the global communications networking and services industry. The publication was founded in 2000 and, since July 2016, has been a part of&nbsp;Informa Tech, a division of Informa PLC. We're part of a big team providing specialist research, media, events and training for businesses and professionals working in technology.<hr> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.

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This feed is Light Reading's main podcast feed for "The Light Reading Podcast," "The Divide," "The Light Reading Extra," and "What's the Story?" Light Reading provides daily news, analysis and insight for the global communications networking and services industry. The publication was founded in 2000 and, since July 2016, has been a part of Informa Tech, a division of Informa PLC. We're part of a big team providing specialist research, media, events and training for businesses and professionals working in technology. Hosted on Acast. See acast.com/privacy for more information.

This feed is Light Reading's main podcast feed for "The Light Reading Podcast," "The Divide," "The Light Reading Extra," and "What's the Story?" Light Reading provides daily news, analysis and insight for the global communications networking and services industry. The publication was founded in 2000 and, since July 2016, has been a part of&nbsp;Informa Tech, a division of Informa PLC. We're part of a big team providing specialist research, media, events and training for businesses and professionals working in technology. Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer">acast.com/privacy</a> for more information.

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PLDT grapples with fallout of missing millions

PLDT grapples with fallout of missing millions

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