In accordance with the State’s policy to actively promote corporate governance reforms aimed to raise investor confidence, develop capital market and help achieve high sustained growth for the corporate sector and the economy, the Commission, in its Resolution No.135, Series of 2002 dated April 04 2002, approved the promulgation and implementation of this Code, which shall be applicable to corporations whose securities are registered or listed, corporations which are grantees of permits / licenses and secondary franchise from the Commission and public companies. This Code also applies to branches or subsidiaries of foreign corporations operating in the Philippines whose securities are registered or listed.

Bell Telecommunications adheres to promoting corporate fairness, transparency, accountability as well as the proper distribution of rights and responsibilities of the board, managers, shareholders and other stakeholders, that spells out the rules and procedures for making decisions on corporate affairs

Bell Telecommunications believes that a governance program is increasingly important in the current regulatory environment and critical to minimizing reputation risk. Internal audit is responsible for evaluating the effectiveness of the program that can significantly reduce reputation risk exposure.

Bell Telecommunications adheres to a core of set values in all its operations and maintains certain policies to guide its employees with respect to standards of conduct expected in areas where improper activities could damage the Company's reputation and otherwise result in serious adverse consequences to the Company and to employees involved. The purpose of this Policy is to affirm, in a comprehensive statement, required standards of conduct and practices with respect to certain types of payments and political contributions.
An employee's actions under this Policy are significant indications of the individual's judgement and competence. Accordingly, those actions constitute an important element in the evaluation of the employee for position assignments and promotion. Correspondingly, insensitivity to or disregard of the principles of this Policy will be grounds for appropriate management disciplinary action.
These values may be described as:

• Delivering Excellence in every engagement to undertake as a matter of habit. We aim to meet and indeed, exceed our Customers' expectations every time.
• Earning Trust by delivering what we promise and by maintaining an honest relationship with our Customers that reflects our integrity.
• Promoting Teamwork by partnering with Customers to achieve their business goals and enable continued success by unselfishly sharing our knowledge and expertise.
• Striving for a Win-Win Balance which respects the needs and interests of our customers as well as the professional development, growth and satisfactions of our employees.