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 June 2008**
 

 

**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, 2007.  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

 

A copy of the disclosure letter we sent today to the Philippine Stock Exchange and the Securities and Exchange Commission regarding a press release entitled “ePLDT’s BPO Subsidiary SPi Named in IAOP’s Global Outsourcing 100 Ranking”.

 

6

 

 

 

Exhibit 1

** **

   

 

 

June 17, 2008 

 
 

 

The Philippine Stock Exchange
4th Floor PSECentre

Exchange Road, Ortigas Center

Pasig City

 

Attention:        Atty.Pete M. Malabanan

Head,Disclosure Department

 

Ladies and Gentlemen:

 

In compliance withSection 17.1(b) and Section 17.3 of the Securities Regulation Code, we submitherewith a copy of SEC Form 17-C with a copy of a press release attachedthereto entitled “ePLDT’s BPO Subsidiary SPi Named in IAOP’s Global Outsourcing100 Ranking”.  ePLDT, Inc. is a wholly-owned subsidiary of PLDT.  

 

This shall also serve asthe 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

Encs.

 

Page 1 of 6

    

Exhibit 1

 

 

 

June 17, 2008 

 

 

SECURITIES &EXCHANGE COMMISSION

Money MarketOperations Department

SEC Building, EDSA

Mandaluyong City

 

Attention         :           DirectorJustina F. Callangan

                                    CorporationsFinance Department

 

Gentlemen:

 

Re       :           PhilippineLong Distance Telephone Company

                        SECRegistration No. PW-55

 

In accordance withSection 17.1 (b) of the Securities Regulation Code, we submit herewith five (5)copies of SEC Form 17-C with a copy of a press release attached thereto entitled“ePLDT’s BPO Subsidiary SPi Named in IAOP’s Global Outsourcing 100 Ranking”.ePLDT, Inc. is a wholly-owned subsidiary of PLDT.  

 

 

Very trulyyours,

 

/s/ Ma. Lourdes C. Rausa-Chan

MA. LOURDES C. RAUSA-CHAN

Corporate Secretary 

 

MLCRC:amq

Encs.

Page 2 of 6

   

Exhibit1

 

 

SECURITIES ANDEXCHANGE COMMISSION

 

 

SEC FORM 17-C

 

CURRENT REPORTUNDER SECTION 17

OF THE SECURITIESREGULATION CODE

AND SRC RULE 17.1

 

 

 

1.                 June 17, 2008 

(Date of earliest event reported)

 

2.                 SEC Identification Number  PW-55

 

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

 

4.                 PHILIPPINE LONGDISTANCE TELEPHONE COMPANY                                 

            Exactname of registrant as specified in its charter

 

5.         PHILIPPINES6. _____________ (SEC Use Only)  

           Province, country or otherjurisdiction             Industry Classification Code

of Incorporation

 

7.         9th Floor MGO Building

            Legaspicorner dela Rosa Streets, Makati City                                  1200 

     Address of principal office                                                                  PostalCode

 

8.         (632)816-8553                                           

           Registrant's telephone number, including areacode
 

9.         NotApplicable                                                               

            Formername or former address, if changed since last report

 

10.       Securitiesregistered pursuant to Sections 8 and 12 of the SRC

 

            Titleof Each Class                             Number of Shares of Common Stock

                                                                        Licensedand Amount of Debt Outstanding

 

Page 3 of 6

    

Exhibit 1

 

11.       Item9 – Other Events

 

Attached hereto is a copyof a press release entitled “ePLDT’s BPO Subsidiary SPi Named in IAOP’s GlobalOutsourcing 100 Ranking”.  ePLDT, Inc. is a wholly-owned subsidiary of PLDT.  

 

 

SIGNATURE

 

            Pursuantto the requirements of the Securities Regulation Code, the Registrant has dulycaused this report to be signed on its behalf by the undersigned hereto dulyauthorized.

 

 

 

 

PHILIPPINE LONG DISTANCE

TELEPHONE COMPANY

 

 

/s/ Ma. Lourdes C. Rausa-Chan

MA. LOURDES C. RAUSA-CHAN

Corporate Secretary

 

 

 

 

 

Date:   June 17, 2008 

 

 

Page 4 of 6

    

Exhibit 1

 

**ePLDT**

**Press Release**

**SPi**

 

 

**ePLDT’s BPOSubsidiary SPi Named in IAOP's Global**

**Outsourcing100 Ranking**

*Thirdconsecutive year of being ranked as a 'leader';*

*top tierrecognition in five sub-categories*

**Manila****, Philippines****, June 17, 2008.** SPi Technologies, aleading global BPO provider and subsidiary of ePLDT, announced today that ithas been ranked for the third consecutive year in the annual InternationalAssociation of Outsourcing Professionals’ (IAOP) "2008 Global Outsourcing100 List”.  Placing 17th in the rank, SPi surpassed its 32ndranking in last year’s list by 15 places. 

SPi also captured a spot on the following Global 100 sub-lists:

•        Best10 Companies by Service Offered: Administrative & Corporate Services 

•        Best10 Companies by Industry Focus: Entertainment and Media 

•        Best10 Companies in Asia/Pacific Rim by Employee Presence 

•        Best20 Companies by Service Offered: Customer Relationship Management 

•        Best20 Companies by Service Offered: Document Management

Originally established toprovide companies with an objective methodology for comparing serviceproviders, the Global Outsourcing 100 and its sub-lists are designed to helpcompanies find and develop relationships with the best companies in theoutsourcing industry. To make the list, companies are rated according to 18criteria, with final rankings determined by a weighted average of judges'scores on size and growth rate, customer references, documented competenciesand management capabilities. SPi received high scores in all these areas andthe top score for strong customer references. 

“SPiis pleased and honored to have made The Global Outsourcing 100 list for thethird consecutive year in a row. This recognition underscores our commitment todelivering the best-in-class solutions and bringing tangible value to ourclients,” said Peter Maquera, President and CEO of SPi. He went on to say, “Italso reflects the quality of our people, whose competencies and dedication haveenabled us to become long-term trusted partners to our clients.”

Ray Espinosa, Chairman ofePLDT, said, “Once again, SPi has made the ePLDT family proud for beingincluded in the ranking of this prestigious list. With the latest rankings, SPihas proven once again its commitment to client satisfaction and peopledevelopment.”

Page 5 of 6

  ****Exhibit1

** **

**About ePLDT**

 

ePLDT, Inc., awholly-owned subsidiary of telecommunications giant Philippine Long DistanceTelephone Co. (PLDT), is an information and communications technology companyproviding enabling infrastructure and services focusing on next-generationcommunications, connectivity and content to corporate clients and consumers.

 

For more information onePLDT, visit www.epldt.com. 

 

 

**About SPi Technologies**

 

SPi is a leadingfull-service Business Process Outsourcing (BPO) solutions provider with officesand facilities across North America, Europe, and Asia. SPi has more than 14,000employees worldwide delivering a wide range of call center and knowledge-basedoutsourcing services to diversified markets, including Healthcare, Legal, andPublishing. SPi consistently improves operating efficiency, lowers costs, andhelps to strengthen the competitive position of more than 500 clients.(www.spi-bpo.com).

 

**About IAOP**

The InternationalAssociation of Outsourcing Professionals (IAOP) is a global association thatbrings together the world's leading outsourcing customers, providers andadvisors to exchange thought leadership, share best practices and network tomaximize their effectiveness at using outsourcing as a management tool.

The Global Outsourcing100 is IAOP's annual ranking of the world's best outsourcing providers. Thefull listing of the 2008 Global Outsourcing 100 can be seen at http://www.outsourcingprofessional.org/content/23/152/1197/.

*********

 

**CONTACTS:**

 

 

**May Dizon**

SPi, Director of Global Marketing        

(632) 855 8655 

m.dizon@spi-bpo.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/ Florentino D. Mabasa, Jr.

Name  :     Florentino D. Mabasa, Jr. 

Title     :     First Vice President, Legal Services

                  Head and Assistant Corporate                   Secretary

 

 

 

 

Date:June 17, 2008