Philippine Long Distance Telephone (ADR) (NYSE:PHI)
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The Company is a national telecommunications service provider in the Philippines.
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The Company is a national telecommunications service provider in the Philippines.
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PE is low. Service is needed. Not much competition. Just need disposable income to keep up. Long distance calls is not a luxury but a necessity when you have a lot of family living abroad. Still a lot of market share to pick up.
No i would consider it as luxury. Is contacting your family really deemed a necessity?