Home broadband, enterprise segments boosted PLDT H1 earnings

After posting further growth in the first half, Manuel Pangilinan-led PLDT Inc. is on track to achieving its full-year target, banking on home broadband and enterprise segments to boost its revenue channels. | TyronePiad /PDI

“Home broadband will lead this growth, with enterprise also expected to register stronger performance, underpinned by ICT ,” he explained.

In the first half, PLDT spent P46 billion of its P85-billion programmed capital expenditure for the year. This includes investment in home broadband business, data center and international cabling systems, among others. Last week, PLDT activated its 14,000-kilometer US-Transpacific Jupiter Cable System, linking United States, Japan and Daet, Camarines Norte.

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