PLDT has grown its information and communications technology (ICT) business, consisting of data centers, multi-cloud access and a suite of fixed and wireless solutions, reaching ₱23.2 billion (over $40 million) in service revenues in the first half of the year.
Data and broadband accounted for 82% of its total revenues. Enterprise corporate data revenue increases were driven by higher fiber, managed IT and iGate revenues, with data center colocation and cloud uptake having surged 23% and 32%, respectively, from the same period last year.
“Enterprise, along with the other business units, continue to build and drive business growth, showing positive trends in our metrics. We continue to help elevate companies by enabling transformation, as we see the push for our data center colocation and cloud services as the main drivers for growth in our Enterprise business,” said PLDT and Smart President and CEO Alfredo S. Panlilio during PLDT’s 2023 first half results briefing.
Also, PLDT’s international services posted a 31% increase in revenue from Enterprise international private leased circuits, or IPLCs, carrier wholesale and cross-connects in the Asia-Pacific region.
“In further building and expanding growth in our fixed, wireless and ICT businesses, our group remains committed to transforming industries and supporting businesses in the country, whether big or small, with solutions that provide our customers with the best chance at further success,” said PLDT and Smart First Vice President and Head of Enterprise and International Business Groups, Mitch Locsin. “Additionally, through our strong collaboration with our government partners, we strive to further build on our thriving IT ecosystem and gain stronger ground to attract global hyperscalers to invest here in the Philippines."
Moreover, PLDT subsidiary ePLDT is scheduled to launch its 11th data center in Sta. Rosa, Laguna, by the second quarter of 2024, while the planning and conceptualization of a 12th data center with a total power capacity of up to 100 MW is already being evaluated.
PLDT continues to make efforts in innovation, forging strategic partnerships, and investing in ICT infrastructure to power the country’s economic aspirations. PLDT Group has further expanded its total fiber footprint to over 1.1 million kilometers, consisting of over 231,000 kilometers of international fiber and over 885,000 kilometers of domestic fiber, passing around 17.2 million homes in 43% of the country’s barangays.
Through pushing digitalization in the Philippines further, PLDT’s fiber infrastructure enables Smart’s approximately 73,800 base stations, including around 4,700 5G base stations and about 38,800 4G/LTE base stations deployed nationwide.