PLDT Inc.’s P2-billion social loan from HSBC Philippines was recognized as the “Social Infrastructure Deal of the Year” in the ASEAN region during the Asset Magazine’s Triple A Sustainable Infrastructure Awards 2025.
Proceeds from the loan helped finance the expansion of PLDT’s fiber optic cable network and enable digital inclusion for the country’s fourth- to sixth-class municipalities, including geographically isolated and disadvantaged areas (GIDAs).
“We are honored to be recognized for business investments that yield positive social impact as it affirms our sustainability focus. We remain committed to expanding the reach of our fiber network to better serve our customers and continuously support the government in narrowing the digital divide,” PLDT chief financial officer and chief risk management officer Danny Yu said.
PLDT operates the Philippines’ most extensive fiber optic network, reaching 73 percent of Philippine towns and 91 percent of total provinces as of end-March 2025. This infrastructure provides a robust backbone to its wireless unit, Smart Communications Inc., which maintains a 97-percent population coverage of 4G/5G networks.
