Philippine Long Distance Telephone Co. said Tuesday it teamed up with HKT, Hong Kong’s premier telecommunications company, to improve voice and data connectivity between the two markets.
The Internet protocol exchange multi-service interconnection agreement enables PCCW Global, the international operating division of HKT and PLDT to expand their relationship in new market segments, while improving their existing portfolios mutually benefiting their fixed, mobile and international customers.
Mobile operators connected to PCCW Global IPX can now enjoy access to its MobileXchange service suite, which includes VoIPX, VoLTE, LTE roaming, GRX, SCCP and cloud-based applications such as unified communication as a service and security as a service, OTT solutions,.
“With PCCW Global’s proven expertise in delivering advanced and quality services, we believe that this agreement will enable us to deliver a broader range of digital services to our customers, especially to our overseas Filipinos in Hong Kong and their families back home,” PLDT chairman Manuel Pangilinan said.
PCCW Global chief executive Marc Halbfinger said PLDT was a major partner in many of our projects, and the IPX interconnection was a natural step for the company.
“We are looking forward to bringing innovative solutions to international services which could directly benefit the Philippine market,” he said.
The recent expansion of PCCW Global IPX’s reach reflects the value that PCCW Global brought to the market and establishes the company as a global provider for mobile operators.
Spanning over five continents and with customers in more than 3,000 cities and some 140 countries, the PCCW Global network is one of the largest in the world, supporting GSMA standardized services and Cloud-based applications, enabling new revenue streams for connected operators.
PLDT earlier reported a net income of P25.3 billion in the January to September period, down by 9 percent from P28 billion last year.
Excluding foreign exchange transactions and other non-recurring items, core profit fell 5 percent to P27.08 billion from P28.86 billion.
Consolidated revenue was flat at P127.87 billion in the first nine months of 2015. Wireless service revenues fell 3 percent to P83.23 billion in the January to September period from P86.12 billion last year.
Fixed-line service revenues increased 5 percent to P43.65 billion from P41.47 billion last year.