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August 11, 2014

PLDT’s spent P8.1 billion in H1 2014

As part of its continuous expansion, Philippine Long Distance Telephone Co. (PLDT) has recently announced that the company’s capital expenditures have amounted to P8.1 billion in the first half of 2014, or 69-percent more than what MVP-led telco spent in the same period last year.

According to PLDT President Napoleon Nazareno, the budget was spent on expanding the telco’s 3G/HSPA+/4G coverage population (now at 82-percent) and adding more Frequency Division/Time-Division Long Term Evolution (FD/TD LTE) base stations which are currently around 1,800 in number.

PLDT

Nazareno adds that the company has also extended its fiber network to over 88,000 kilometers during the first half of the year. At the same time, the company continues to give its existing network infrastructure a shot in the arm by building super-sized base stations, elevated equipment shelters and buried fiber optic links, allowing it to be more disaster-ready in the process.

In his closing statement, Nazareno said that the telco plans to spend as much as P32 billion this year which would cover for the expansion of the company’s fiber optic network (at least 90,000 kilometers), doubling the 4G/LTE coverage (from 25% to 50%), as well as increasing the 3G coverage nationwide (up to 92%) by the end of the year.

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8 Responses to “PLDT’s spent P8.1 billion in H1 2014”

  1. Easy E says:

    Kahit anong expansion ng coverage ng LTE service, kung imomonopolize lang ng PLDT ang gateway ng internet sa bansa palabas ay mananatiling mabagal ang internet sa bansa.

  2. EneroUno15 says:

    Mr.Nazareno, im still hoping that what you are saying is true, P32B???!!! e di dapat world class above standard speed na tayo ang inaasahan ko sa iyo. Unless patibong ito….. abangan sa January 1,2015…………………

    • EneroUno15 says:

      I think Mr.Nazareno should invest in re-educating some of its employees from the top to the linemen. baka puro infrastracture naman, wala naman utak kundi pera pera pera lang lahat ang iniisip

  3. Hen-Sheen says:

    Mr. Nazareno should retire when PLDT at it’s peak; or otherwise, He will be hunted down by a pack of wolves! As for MVP, owing PLDT 100%? He has full control of NTC behind the curtains… For some reasons San Mig Corp. seems to distant itself from this Telco disaster. If this “project” is a storyline, It would be an invasion storyline. WWF(E), WCW, ECW, TNA, who knows!? “We have made that corporation up north rich, and it’s has become a monster!”

  4. AA says:

    Malaking bahagi nyan ginastos para dun sa NBA event na palpak na babawiin sa atin sa ibang bagay.

  5. Zobel says:

    You all can blame Globe for not being aggressive enough. At least sa PLDT walang cap ang data so pera ko sa kanila napupunta pa rin.

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    PLDT’s spent P8.1 billion in H1 2014 – YugaTech | Philippines, Tech News & Reviews

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This article was written by Ronnie Bulaong, a special features contributor and correspondent for YugaTech. Follow him on Twitter @turonbulaong.

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