Leading telecoms and digital services provider PLDT fortified its leadership in the Enterprise market by posting 13% growth to P8.5 billion in revenues in the first quarter compared to the same period last year, driven by strong data and ICT services uptake.
PLDT SVP and Head of Enterprise Business Jovy Hernandez
“We are growing double-digit across all business pillars of the enterprise as PLDT remained the preferred expert partner of companies given our relevant digital and cloud-based business solutions that run on our robust fixed and wireless networks,” said PLDT EVP and Chief Revenue Officer Eric R. Alberto. In the first quarter, wireless enterprise revenues grew 15% year-on-year while ICT and fixed services improved 11% and 13%, respectively.
PLDT SVP and Head of Enterprise Business Jovy Hernandez said that PLDT is also growing in the right areas with its Data and ICT revenues surging 24% in the first quarter compared to the same period last year and now accounts for 66% of total enterprise revenues.
“We are seeing a growing acceptance and adoption among our enterprise customers, both large, and small and medium businesses, of cloud-based solutions, disaster recovery, and digital services. PLDT is well positioned to meet this need because of the expertise we have assembled through partnerships with leading tech companies and the unmatched capacity and resilience of ePLDT’s data center network,” said Hernandez.
Combined with its HOME segment, PLDT’s fixed line revenues now account for 46% of its consolidated service revenues or P16.3 billion which now exceeds its Consumer Wireless revenues at 41% with P14.75 billion.
PLDT’s Enterprise business launched several partnerships with IT industry leaders in the early part of the year to further strengthen its portfolio of digital business solutions offered to the country’s enterprises including Microsoft and Cisco.
It also widened its lead in providing data center and managed ICT services, through its digital arm ePLDT, as it added two new data center facilities, bringing to nine the total facilities operated by the PLDT Group. PLDT expects to have ten data centers with a total rack capacity of about 9,000 by the end of 2017.
“PLDT has been expanding its digital infrastructure in line with the roadmaps of key industries to fully serve the growing ICT needs of enterprises and government agencies for disaster recovery, cloud-based digital solutions, and a resilient network that these solutions will leverage on,” said Alberto.
PLDT’s capex guidance of P46 billion for 2017 will further expand its network infrastructure, including its fiber optic backbone to best deliver a superior data experience to its fixed and wireless customers. PLDT continues to invest heavily in its fiber network which now reaches over 150,000 kilometers of fiber optic cables running through the archipelago, and also operates four cable landing stations that serve as gateways for a variety of voice, data, and content traffic that run through a global network, to and from the country.