PLDT to invest PHP1B to strengthen fiber network in Mindanao

MANILA — PLDT will invest around PHP 1 billion in fiber optic cable link connecting the provinces of Agusan del Norte and Sur to Davao del Norte and Sur to strengthen mobile connectivity to more homes and businesses in Mindanao.

The fiber infrastructure which will span nearly 300 kilometers.

“In line with the government’s thrust of accelerating economic growth in Mindanao, the fortified FOC, which is part of PLDT’s Domestic Fiber Optic Network (DFON), will provide unrivalled communications services to our fixed and wireless customers, including homes and businesses in these provinces,” said PLDT Chairman and CEO Manuel V. Pangilinan.

Pangilinan pointed out that the fiber network can provide reliable service even during typhoons and earthquakes.

“The underground fiber optic cables that we are installing here are less susceptible to cuts caused by strong winds, falling trees, and utility poles. With a more resilient and reliable connectivity in Mindanao, our customers in the area will be able to experience high quality voice, data, and multimedia services as they connect with their family, friends, and business associates in other parts of the country and the world,” according to him.

PLDT has also recently completed three major ICT projects in Davao, namely, PLDT’s fourth cable landing station, a state-of-the-art Innovations Laboratory (Innolab) – the Company’s seventh, and the PLDT Group’s eighth data center – the first in Mindanao.

According to PLDT Chief Revenue Officer and ePLDT President and CEO Ernesto R. Alberto, the projects will greatly expand PLDT’s network capacity and quality of services which will benefit industries and consumers located in the Visayas and in Mindanao.

“We have accelerated the necessary investments that will help build and strengthen the regions’ enterprises, and enable them to become not just locally but globally competitive, armed with new digital tools and innovative solutions. Additionally, consumer home subscribers in these regions will growingly enjoy broadband connectivity that would allow use of the internet and all its contents with better and more reliable experience,” Alberto said.

PLDT has invested PHP 300 billion or USD 6 billion over the last 10 years to roll-out the country’s most expansive network infrastructure.

In 2016, it set aside PHP 48 billion or about USD 1 billion for capital expenditures, a significant portion of which was allocated for the domestic fiber infrastructure. PNA-northboundasia.com