PLDT Enterprise 1Q revenues up 13% at PHP8.5B

Leading telecoms and digital services provider PLDT Inc. has sustained its leadership in the Enterprise market as its revenues reached PHP 8.5 billion for the first quarter of the year, up 13 percent compared to the same period last year at PHP 7.55 billion, driven by strong demand for data and information and communications technology (ICT) services. (Photo: PLDT/ Facebook)

MANILA—Leading telecoms and digital services provider PLDT Inc. has sustained its leadership in the Enterprise market as its revenues reached PHP 8.5 billion for the first quarter of the year, up 13 percent compared to the same period last year at PHP 7.55 billion, driven by strong demand for data and information and communications technology (ICT) services.

Its wireless enterprise revenues grew 15 percent year on year while ICT and fixed services improved 11 percent and 13 percent, respectively.

Meanwhile, data and ICT posted a 24 percent growth in the first quarter compared to the same period last year and now accounts for 66 percent of total enterprise revenues.

“We are seeing a growing acceptance and adoption among our enterprise customers, both large, and small and medium businesses, of cloud-based solutions, disaster recovery, and digital services. PLDT is well positioned to meet this need because of the expertise we have assembled through partnerships with leading tech companies and the unmatched capacity and resilience of ePLDT’s data center network,” PLDT Senior Vice President and Head of Enterprise Business Jovy Hernandez said in a statement.

PLDT’s Enterprise business initiated several partnerships with IT industry leaders in the early part of the year to further strengthen its portfolio of digital business solutions offered to the country’s enterprises including Microsoft and Cisco.

Its digital arm ePLDT has also added two new data center facilities bringing to nine the total facilities operated by the PLDT Group.

The telco expects to have 10 data centers with a total rack capacity of about 9,000 by the end of the year as it aims to strengthen its leadership in providing data center and managed ICT services.

“PLDT has been expanding its digital infrastructure in line with the roadmaps of key industries to fully serve the growing ICT needs of enterprises and government agencies for disaster recovery, cloud-based digital solutions, and a resilient network that these solutions will leverage on,” PLDT Executive Vice President and Chief Revenue Officer Eric Alberto stated.

Along with its Home segment, PLDT’s fixed line revenues amounted to PHP 16.3 billion, comprising 46 percent of its consolidated service revenues which now exceeds its consumer wireless revenues at 41 percent with PHP 14.75 billion.

“We are growing double-digit across all business pillars of the enterprise as PLDT remained the preferred expert partner of companies given our relevant digital and cloud-based business solutions that run on our robust fixed and wireless networks,” according to Alberto.

PLDT Chairman and CEO Manuel V. Pangilinan has said PLDT will focus on strengthening its fixed services amid its continuing growth.

PLDT aims to spend PHP 46 billion as capital expenditure for the year to further expand its network infrastructure through fiber optic connection to improve the delivery of mobile services to its fixed and wireless customers.

It has deployed over 150,000 kilometers of fiber optic lines throughout the country and operates four cable landing stations that serve as gateways for a variety of voice, data, and content traffic.