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Goodwill and Intangible Assets (Tables) | 12 Months Ended
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Dec. 31, 2024
Intangible assets and goodwill [abstract] |
Summary of Changes in Goodwill and Intangible Assets | Changes in goodwill and intangible assets account for the years ended December 31, 2024 and 2023 are as follows:
| Intangible Assets with |  | Intangible Assets with Finite Life |  | Total Intangible Assets with |  | Total |  |  |  | Total Goodwill and |
| Indefinite Life |  | Trademark |  | Franchise |  | Licenses |  | Customer List |  | Spectrum |  | Others |  | Finite Life |  | Intangible Assets |  | Goodwill |  | Intangible Assets |
|  |  | (in million pesos) |
December 31, 2024 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Costs: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balances at beginning of the year |  | 220 |  |  | 4,561 |  |  | 3,017 |  |  | 135 |  |  | 4,703 |  |  | 1,205 |  |  | 1,321 |  |  | 14,942 |  |  | 15,162 |  |  | 63,595 |  |  | 78,757 |
Additions during the year |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 366 |  |  | 366 |  |  | 366 |  |  | — |  |  | 366 |
Translation and other adjustments |  | — |  |  | 4 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 2 |  |  | 6 |  |  | 6 |  |  | — |  |  | 6 |
Balances at end of the year |  | 220 |  |  | 4,565 |  |  | 3,017 |  |  | 135 |  |  | 4,703 |  |  | 1,205 |  |  | 1,689 |  |  | 15,314 |  |  | 15,534 |  |  | 63,595 |  |  | 79,129 |
Accumulated amortization and impairment: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balances at beginning of the year |  | — |  |  | 4,561 |  |  | 2,265 |  |  | 135 |  |  | 4,703 |  |  | 1,205 |  |  | 899 |  |  | 13,768 |  |  | 13,768 |  |  | 654 |  |  | 14,422 |
Amortization during the year |  | — |  |  | — |  |  | 186 |  |  | — |  |  | — |  |  | — |  |  | 54 |  |  | 240 |  |  | 240 |  |  | — |  |  | 240 |
Translation and other adjustments |  | — |  |  | 4 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (1 | ) |  | 3 |  |  | 3 |  |  | — |  |  | 3 |
Balances at end of the year |  | — |  |  | 4,565 |  |  | 2,451 |  |  | 135 |  |  | 4,703 |  |  | 1,205 |  |  | 952 |  |  | 14,011 |  |  | 14,011 |  |  | 654 |  |  | 14,665 |
Net balances at end of the year |  | 220 |  |  | — |  |  | 566 |  |  | — |  |  | — |  |  | — |  |  | 737 |  |  | 1,303 |  |  | 1,523 |  |  | 62,941 |  |  | 64,464 |
Estimated useful lives (in years) |  | — |  |  | — |  |  | 16 |  |  | — |  |  | — |  |  | — |  | 5-10 |  |  | — |  |  | — |  |  | — |  |  | — |
Remaining useful lives (in years) |  | — |  |  | — |  |  | 3 |  |  | — |  |  | — |  |  | — |  | 3-10 |  |  | — |  |  | — |  |  | — |  |  | — |
December 31, 2023 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Costs: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balances at beginning of the year |  | 220 |  |  | 4,505 |  |  | 3,016 |  |  | 135 |  |  | 4,703 |  |  | 1,205 |  |  | 1,320 |  |  | 14,884 |  |  | 15,104 |  |  | 63,595 |  |  | 78,699 |
Translation and other adjustments |  | — |  |  | 56 |  |  | 1 |  |  | — |  |  | — |  |  | — |  |  | 1 |  |  | 58 |  |  | 58 |  |  | — |  |  | 58 |
Balances at end of the year |  | 220 |  |  | 4,561 |  |  | 3,017 |  |  | 135 |  |  | 4,703 |  |  | 1,205 |  |  | 1,321 |  |  | 14,942 |  |  | 15,162 |  |  | 63,595 |  |  | 78,757 |
Accumulated amortization and impairment: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balances at beginning of the year |  | — |  |  | 4,505 |  |  | 2,078 |  |  | 135 |  |  | 4,703 |  |  | 1,205 |  |  | 870 |  |  | 13,496 |  |  | 13,496 |  |  | 654 |  |  | 14,150 |
Amortization during the year |  | — |  |  | — |  |  | 186 |  |  | — |  |  | — |  |  | — |  |  | 35 |  |  | 221 |  |  | 221 |  |  | — |  |  | 221 |
Translation and other adjustments |  | — |  |  | 56 |  |  | 1 |  |  | — |  |  | — |  |  | — |  |  | (6 | ) |  | 51 |  |  | 51 |  |  | — |  |  | 51 |
Balances at end of the year |  | — |  |  | 4,561 |  |  | 2,265 |  |  | 135 |  |  | 4,703 |  |  | 1,205 |  |  | 899 |  |  | 13,768 |  |  | 13,768 |  |  | 654 |  |  | 14,422 |
Net balances at end of the year |  | 220 |  |  | — |  |  | 752 |  |  | — |  |  | — |  |  | — |  |  | 422 |  |  | 1,174 |  |  | 1,394 |  |  | 62,941 |  |  | 64,335 |
Estimated useful lives (in years) |  | — |  |  | — |  |  | 16 |  |  | — |  |  | — |  |  | — |  | 5-10 |  |  | — |  |  | — |  |  | — |  |  | — |
Remaining useful lives (in years) |  | — |  |  | — |  |  | 4 |  |  | — |  |  | — |  |  | — |  | 3-8 |  |  | — |  |  | — |  |  | — |  |  | — |
Summary of Consolidated Goodwill and Intangible Assets of Reportable Segments | The consolidated goodwill and intangible assets of our reportable segments as at December 31, 2024 and 2023 are as follows:
|  | 2024 |  |  | 2023 |
|  | Wireless |  |  | Fixed Line |  |  | Total |  |  | Wireless |  |  | Fixed Line |  |  | Total |
|  | (in million pesos) |
Franchise |  |  | 566 |  |  |  | — |  |  |  | 566 |  |  |  | 752 |  |  |  | — |  |  |  | 752 |
Customer list with indefinite life |  |  | — |  |  |  | 220 |  |  |  | 220 |  |  |  | — |  |  |  | 220 |  |  |  | 220 |
Others |  |  | — |  |  |  | 737 |  |  |  | 737 |  |  |  | — |  |  |  | 422 |  |  |  | 422 |
Total intangible assets |  |  | 566 |  |  |  | 957 |  |  |  | 1,523 |  |  |  | 752 |  |  |  | 642 |  |  |  | 1,394 |
Goodwill |  |  | 56,571 |  |  |  | 6,370 |  |  |  | 62,941 |  |  |  | 56,571 |  |  |  | 6,370 |  |  |  | 62,941 |
Total goodwill and intangible assets |  |  | 57,137 |  |  |  | 7,327 |  |  |  | 64,464 |  |  |  | 57,323 |  |  |  | 7,012 |  |  |  | 64,335 |
Summary of Future Amortization of Intangible Assets | The consolidated future amortization of intangible assets as at December 31, 2024 are as follows:
Year |  | (in million pesos) |
2025 |  |  | 261 |
2026 |  |  | 261 |
2027 |  |  | 255 |
2028 |  |  | 76 |
2029 |  |  | 70 |
2030 and onwards |  |  | 380 |
|  |  | 1,303 |

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