PLDT to spend Php50 billion in 2018 to improve your internet
PLDT has announced that it will set aside Php50 billion for its capital expenditure budget for 2018 to improve the company’s internet service in the Philippines.
According to a report by Interaksyon, PLDT will increase its capital expenditure budget to a record high of at least Php50 billion in 2018, which is significantly higher than the Php38 billion allocated for 2017.
The new budget will be used for expansion and to improve its mobile and fixed-line services.
PLDT Chairman, President, and CEO Manuel V. Pangilinan said that the company plans to “future-proof” their network and get ready in case China Telecom enters the Philippine market.
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