Today: 28 March 2026
Browse Category

PSE:CNVR 21 May 2025

Internet Access in the Philippines: A Comprehensive Report

Internet Access in the Philippines: A Comprehensive Report

About 97.5 million Filipinos, or 83.8% of the population, used the internet by early 2025. Mobile SIM penetration reached 123% with over 120 million subscriptions in late 2024. Fixed broadband subscribers totaled about 7 million, dominated by PLDT and Converge. Around 18–19 million people, or 16%, remained offline due to access and affordability issues.

Stock Market Today

  • Legal & General Shares Offer 9% Dividend Yield Amid Sustainability Concerns
    March 28, 2026, 5:02 AM EDT. Legal & General (LSE: LGEN) shares currently yield around 9.2%, attracting income-seeking investors. However, analysts at UBS and RBC Capital flag risks over dividend sustainability as the payout exceeds earnings, with 2025 dividends at 21.79p and earnings at 20.93p per share. UBS projects potential dividend cuts to shore up balance sheets under market stress. RBC also downgraded the stock to Underperform, citing competitive pressures in the pension risk transfer market and lowering its price target below the current share price. The company's forward P/E ratio is below 10, reflecting a reasonable valuation but signaling caution. Investors should weigh the chance of dividend reductions and possible share price declines before committing large positions.
Go toTop