PLDT announced that it will invest at least Php 88 billion in 2021 to ramp up its efforts in improving its mobile and fixed internet services. The telco committed Php 73 billion this year.
According to PLDT Chief Revenue Officer and Smart Communications President and CEO Alfredo S. Panlilio, they are preparing to meet the requirements of its mobile and fixe line customers, with the goal of elevating both to global standards. Its worth noting that PLDT and Smart’s average download and upload speeds are higher than the country’ average.
To date, PLDT’s fiber infrastructure is now more than 422,000 kilometers, which also supports Smart’s 5G, 4G, 3G and 2G networks. Smart, on the other hand, has over 58,000 base stations (as of November) across the country, which provide coverage for over 96% of the population in over 95% of cities and municipalities.
Moreover, Smart secured 1,600 wireless permits in addition to its expanding 5G coverage in key cities in the country.
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President Rodrigo Duterte threatened local telcos to speed up the improvement of their services or face “closure” or “expropriation”. So far, PLDT and Smart has responded to the government’s challenge to deliver network services in par with global companies.