PLDT Communication and Energy Ventures

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PLDT Communications and Energy Ventures Inc.

Company type	Public (PSE: PLTL)
Industry	Communications Services
Founded	Manila, Philippines (July 18, 1968)
Headquarters	Makati, Philippines
Key people	Manuel V. Pangilinan, Chairman Napoleon L. Nazareno, President and CEO
Products	Cellular Telephony Fixed-Line Telephony
Revenue	P8.88 billion PHP (17.67%) (June 30, 2008)
Net income	P5.2 billion PHP (46.34%) (June 30, 2008) [1]
Parent	PLDT (Smart Communications)
Website	www.piltel.com.ph

The PLDT Communications and Energy Ventures Inc. (PSE: PCEV), formerly known as Pilipino Telephone Corporation or Piltel, is a holding company of the PLDT Group for its venture into the electricity distribution industry. Previously, it was one of the mobile and fixed-line telephone service providers in the Philippines. PCEV is 99.5%-owned by Smart Communications, a wholly owned subsidiary of the Philippine Long Distance Telephone Company (PLDT). The remaining 0.5% of PCEV's shares is owned by the Filipino investing public.^[1] Through PCEV, PLDT forms a consortium with Metro Pacific Investments Corporation to form Beacon Electric Asset Holdings, Inc. which is the majority owner of Meralco.