In a press briefing last March 7, PLDT chairman Manuel V. Pangilinan said that while the company’s earnings still declined last year, the story will be different in 2017. The company projected that its recurring core income will see an increase of at least six percent in 2017—the first time in three years.
“I think you could see some green shoots of recovery,” he said.
So, is PLDT out of the woods yet? It's a difficult question, and Pangilinan had to draw on his knowledge of high school American poetry to provide an answer.
“I don’t think we’ll be completely out of the woods yet. I think there’s still a lot of work that needs to be done," he said.
When pressed for more details, Pangilinan could not help but turn poetic. He quoted lines from Robert Frost’s work Stopping by Woods on a Snowy Evening.
“We have miles to go before we sleep,” he said to a room that erupted in laughter.
Related link: 3 Ways MVP is Planning to Turn PLDT’s Fortunes Around
Lorenzo Kyle Subido is a staff writer of Entrepreneur PH