Philippine Long Distance Telephone Co., the biggest telecommunications firm, registered reaching over four million broadband subscribers in 2014, up 19 percent from a year ago, after sustained expansion in its fixed and wireless broadband base.
“We are pleased to see that the PLDT Group remains the preferred broadband provider in the country, whether among corporates, at home, or on the go, as we continuously strive to bring the most innovative products and services to our subscribers that allow them to live connected,” PLDT president Napoleon Nazareno said in a statement.
The PLDT Group, which includes PLDT ALPHA Enterprise, PLDT SME Nation, PLDT HOME, and mobile subsidiaries Smart Communications and Sun Cellular, cornered nearly 60 percent of the total broadband subscribers in the Philippines.
Nazareno said with PLDT’s integrated network, the group offered a variety of broadband plans available in different price points, depending on the speed and volume needed by the customer.
PLDT spent over P34.8 billion in capital expenditures in 2014 as it expanded its fiber network to nearly 100,000 kilometers, making it the most extensive, robust and resilient network in the country.
The bigger network is needed for reliable broadband services that can simultaneously deliver voice, video, and data offerings at faster speeds and larger capacities through various devices from computers, tablets and cellphones to television sets.
PLDT plans to spend another P39 billion in capital expenditures in 2015 in anticipation of greater data usage.