SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 

 

FORM 6-K

Report of Foreign Private Issuer 

 

Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934

 

 

**For the month of July 2009**
 

 

**Commission File Number 1-03006**

 

 

Philippine Long Distance Telephone Company
(Exact Name of Registrant asSpecified in Its Charter)

 

**Ramon****Cojuangco Building**

**Makati Avenue**

**Makati****City**

**Philippines**

(Address of principal executiveoffices)

 

 

(Indicate by check markwhether the registrant files or will file annual reports under cover Form 20-For Form 40-F.)

 

Form20-F      Ö                                  Form40-F

 

 

(Indicate by check markwhether by furnishing the information contained in this Form, the registrant isalso thereby furnishing the information to the Commission pursuant to Rule12g3-2(b) under the Securities Exchange Act of 1934.)

 

Yes                                                        No       Ö

 

 

(If "Yes" ismarked, indicate below the file number assigned to the registrant in connectionwith Rule 12g3-2(b): 82- ________ )
****
 

 

NOTE REGARDINGFORWARD-LOOKING STATEMENTS

 

Some information in this report may containforward-looking statements within the meaning of Section 27A of the U.S.Securities Act of 1933 and Section 21E of the U.S. Securities Exchange Act of1934.  We have based these forward-looking statements on our current beliefs,expectations and intentions as to facts, actions and events that will or mayoccur in the future.  Such statements generally are identified byforward-looking words such as “believe,” “plan,” “anticipate,” “continue,” “estimate,”“expect,” “may,” “will” or other similar words.

A forward-looking statement may include astatement of the assumptions or bases underlying the forward-lookingstatement.  We have chosen these assumptions or bases in good faith.  Theseforward-looking statements are subject to risks, uncertainties and assumptions,some of which are beyond our control.  In addition, these forward-lookingstatements reflect our current views with respect to future events and are nota guarantee of future performance.  Actual results may differ materially frominformation contained in the forward-looking statements as a result of a numberof factors, including, without limitation, the risk factors set forth in“Item 3. Key Information – Risk Factors” in our annual report on Form 20-Ffor the fiscal year ended December 31, 2008.  You should also keep in mind thatany forward-looking statement made by us in this report or elsewhere speaksonly as at the date on which we made it.  New risks and uncertainties come upfrom time to time, and it is impossible for us to predict these events or howthey may affect us.  We have no duty to, and do not intend to, update or revisethe statements in this report after the date hereof.  In light of these risksand uncertainties, you should keep in mind that actual results may differmaterially from any forward-looking statement made in this report or elsewhere.

 
 

 

**EXHIBITS**
 

 

 

Exhibit Number

 

Page

 

 

1

 

 

 

 

 

 

 

Copy of the disclosure letter that we filed today with the Securities and Exchange Commission and the Philippine Stock Exchange updating the Company’s previous disclosures regarding Smart Communications, Inc.’s investment in Blue Ocean Wireless, a Dublin-based company focused on expanding communication capability in the merchant marine sector.

 

 

 

 

 

 

 

 

 

 

6

 

 

 

 

 

 

 

 

 

 

Exhibit 1

 

 

 

July 16, 2009

 

 
The Philippine Stock Exchange
Disclosure Department

4th Floor PSECentre

Exchange Road, Ortigas Center

Pasig City

 

Attention:        Ms.Janet A. Encarnacion 

Head,Disclosure Department

 

Ladies and Gentlemen:

 

In accordance with Section 17.1(b) of the SecuritiesRegulation Code and SRC Rule 17.1, we submit herewith SEC Form 17-C updatingour previous disclosures regarding Smart Communications, Inc.’s investment inBlue Ocean Wireless, a Dublin-based company focused on expanding communicationcapability in the merchant marine sector.

 

This shall also serve asour disclosure letter for the purpose of complying with the PSE RevisedDisclosure Rules.

 

 

Respectfully yours,

 

/s/ Ma. Lourdes C.Rausa-Chan

MA. LOURDES C. RAUSA-CHAN

Corporate Secretary

 

MLCRC:amq

Enc.

 

 

 

Page 1 of 6

    
Exhibit 1
 

 

 

July 16, 2009 

 

 

 

SECURITIES &EXCHANGE COMMISSION

CorporationFinance Department 

SEC Building, EDSA

Mandaluyong City

 

Attention:        DirectorJustina F. Callangan

CorporationFinance Department

 

Gentlemen:

 

Re       :           PhilippineLong Distance Telephone Company

                        SECRegistration No. PW-55

 

In accordance with Section 17.1(b) of the SecuritiesRegulation Code and SRC Rule 17.1, we submit herewith SEC Form 17-C updatingour previous disclosures regarding Smart Communications, Inc.’s investment inBlue Ocean Wireless, a Dublin-based company focused on expanding communicationcapability in the merchant marine sector.

 

 

Respectfully yours,

 

/s/ Ma. Lourdes C.Rausa-Chan

MA. LOURDES C. RAUSA-CHAN

Corporate Secretary

 

MLCRC:amq

Encs.

Page 2 of 6

    

Exhibit 1

 

SECURITIES AND EXCHANGE COMMISSION

 

 

 

CURRENT REPORT UNDER SECTION 17

OF THE SECURITIES REGULATION CODE

AND SRC RULE 17.1

 

 

 

1.                 July 16, 2009 

Date of Report (Date of earliest event reported)

 

2.                 SEC Identification Number PW-55

 

3.                 BIR Tax Identification No. 000-488-793

 

4.                 PHILIPPINE LONGDISTANCE TELEPHONE COMPANY

Exact name of issuer as specified in its charter

 

5.         PHILIPPINES                                                      6.____________(SEC Use Only)  

Province, country or other jurisdiction                    IndustryClassification Code

of Incorporation

 

7.         Ramon Cojuangco Building, Makati Avenue, Makati City                         1200 

            Address of principaloffice                                                                    PostalCode

 

8.         (632)816-8553 

Issuer's telephone number, includingarea code
 

9.         NotApplicable 

Former name or former address, if changed since lastreport

 

10.             Securities registered pursuant to Sections 8 and 12 ofthe Securities Regulation Code and Sections 4 and 8 of the Revised SecuritiesAct

 

Title of Each Class

Number of Shares of Common Stock

Outstanding and Amount of Debt Outstanding

______________________________________________________________

______________________________________________________________

______________________________________________________________

Page 3 of 6

    

Exhibit 1

 

11.Item 9 - Other Events

 

We disclose that SmartCommunications, Inc. (“SMART”), our wholly owned subsidiary, has agreed toinvest an additional $6.26 million in Blue Ocean Wireless (“BOW”) which willincrease its equity ownership from 28.3% to 51% of BOW.

 

Attached is a pressrelease of BOW regarding the roll-out of its FleetBroadband product.

 

 

SIGNATURE

 

Pursuant to therequirements of the Securities Regulation Code, the Registrant has duly causedthis report to be signed on its behalf by the undersigned hereto dulyauthorized.

 

 

 

PHILIPPINE LONG DISTANCE

TELEPHONE COMPANY

 

By:

/s/ Ma. Lourdes C. Rausa-Chan

MA. LOURDES C. RAUSA-CHAN
Corporate Secretary

 

July 16, 2009 

Page 4 of 6

   

Exhibit 1

 

**BLUE OCEAN WIRELESSANNOUNCES SHAREHOLDER SUPPORT FOR ROLLOUT OF FLEETBROADBAND PRODUCT**

** **

**Additional shareholderinvestment**

** **

** **

**14th July, 2009:**Blue Ocean Wireless(”BOW”), a company delivering GSM communication capability for the merchantmaritime sector, today announces that it has successfully completed fullFleetBroadband (‘FBB’) testing and the service is now fully operational andcommercially available to existing and potential BOW customers.

 

BOW also announces that SmartCommunications, Inc. (‘SMART’), a wholly owned mobile subsidiary of thePhilippine Long Distance Telephone Company (‘PLDT’), NTT DOCOMO, Inc.(“DOCOMO”), and Altobridge Limited will invest a further US$7.5million into BOWto accelerate the rapid introduction of FleetBroadband and next generationmaritime communication services. 

 

BOW has established itself as the leadingprovider of GSM services to the merchant maritime sector. With a customer baseand order book of over 650 vessels, BOW has demonstrated rapid growth since itwas founded two years ago. The objective now is to further accelerate thisgrowth and facilitate the introduction of next generation maritimecommunication services.

 

 

**Expanding Range of Maritime Services**

Blue Ocean Wirelessprovides, for the first time, FleetBroadband and mobile GSM connectivity atsea, where no other network exists. This allows officers and crew to make andreceive voice calls, send and receive text messages and emails and access theinternet. FleetBroadband also supports the latest technologies for bothconducting business remotely and effective fleet operation, including theability to access corporate networks and FTP facilities from anywhere aroundthe globe. The BOW FBB service is supported by both Inmarsat’s FB250 &FB500 and the VSAT satellite terminal.  

 

 

**Fleet Broadband**

FleetBroadband is the first maritimecommunications service to provide cost-effective global broadband data andvoice, simultaneously, through a compact antenna. FBB provides unprecedentedconnectivity between vessels and the shore, regardless of your global positionor conditions at sea. FleetBroadband is cost-effective, fast, reliable and aneasy-to-use “always-available” solution for email, internet, corporate networksand voice services.  FleetBroadband utilises Inmarsat’s I-4 satelliteconstellation enabling global coverage.

 

Blue Ocean Wirelessprovides the opportunity to expand the range of value-added services, beyondthe basic FleetBroadband services which exist. These value-added servicesprovide users with cost and traffic control, firewall management, dataoptimisation, high security options, easy VPN access, messaging services and afull IP range.

 

** **

**Investment in Blue Ocean Wireless**.

The proceeds from this investment furtherstrengthen BOW’s balance sheet and underpin its strategy to aggressivelyenhance and grow its service offering within the merchant maritime sector. 

Page 5 of 6

    

Exhibit 1

 

Paul Wallace, Chief Executive Officercommented*: “We are pleased to announce this further investment by SMART, NTTDOCOMO and Altobridge. With the introduction of Fleet Broadband, we havesignificantly enhanced our range of available services and, we look forward tocontinuing to enhance our service offering and growing our global fleet ofcustomers”*

 

 

* *

**Investors & Media**

**Industry**

 

Jonathan Neilan/Mark Kenny 

K Capital Source

 

T: +353 1  663 3680

E:  blueocean@kcapitalsource.com 

 

 

Julian Lynn

Blue Ocean Wireless

 

T: +44 7515 313 217

E: jlynn@blueoceanwireless.com

 

* *

* *

**About Blue Ocean Wireless**

Blue Ocean Wireless isfocused on expanding communication capability in the merchant maritime sector. Blue Ocean Wireless, founded in March, 2007 provides, for the first time, GSM connectivityfor seafarers in deep ocean water, where no other network exists. This allowsusers to make and receive voice calls, send and receive SMS text messages and,in time, browse the internet using their existing handsets. This technology canalso be used, in conjunction with RFID technology, to track and monitorshipping containers while they are in transit at sea. Blue Ocean Wireless worksin partnership with communications industry leaders including, Altobridge, JRC,Seacom, Smart and Stratos to provide the best products to its customers. Formore information, please visit www.blueoceanwireless.com

** **

 

 

 

 

 

Page 6 of 6

    

 

Signatures

 

 

Pursuantto the requirements of the Securities Exchange Act of 1934, the registrant hasduly caused this report to be signed on its behalf by the undersigned,thereunto duly authorized.

 

 

 

PHILIPPINE LONG DISTANCE

TELEPHONE COMPANY

 

 

By        :      /s/ Ma. Lourdes C. Rausa-Chan

Name  :      Ma. Lourdes C. Rausa-Chan

Title     :     Senior Vice President, Corporate 

                  Affairs and Legal Services Head

                        and Corporate Secretary

 

 

 

Date:July 16, 2009