SunStar
SunStar File March 05, 2021 TELECOMMUNICATIONS company PLDT commits to invest in a demand-driven capital expenditure (capex) of between P88 billion and P92 billion this year to support the country’s rising demand of stable, faster and solid digital infrastructure.
PLDT’s capex in 2020 stood at P71.9 billion.
This year, PLDT aims to further expand its fiber network by 125,000 kilometers and add 1.7 million ports. This fiber infrastructure also supports Smart’s wireless networks, which cover 96 percent of the population.
PLDT’s fiber infrastructure stood at more than 429,000 kilometers at the end of 2020. PLDT had extended the reach of its fixed broadband service to cover some nine million homes, whereas the total number of available fiber-powered ports increased to four million.