PLDT, INC. has completed its rollout of fiber-powered broadband facilities in commercial and residential buildings and other areas in Bonifacio Global City (BGC).
In a statement, the telecommunications giant said it provided PLDT HOME service to residential areas in BGC such as One Serendra, Two Serendra, Bellagio One, and One McKinley Place, as well as upcoming properties like the Grand Hyatt Manila Residences and Uptown Parksuites.
“As a cosmopolitan community, BGC residents have a strong demand for high-speed broadband given their digitally-driven lifestyles. PLDT HOME Fibr fulfills this demand,” PLDT First Vice-President and Head of Home Business Marco Borlongan was quoted as saying.
For this year, PLDT set aside P38 billion for capital expenditures, mainly for network modernization and expansion program.
Last month, PLDT said that its fiber capability has covered all residential condominiums in Rockwell Center in Makati City.
PLDT recently completed its P1-billion fiber optic network expansion project in Mindanao, and is investing an initial P500 million in a new international submarine cable link from the Philippines to Africa, Europe, and the rest of Asia.
Hastings Holdings, Inc., a unit of PLDT Beneficial Trust Fund subsidiary MediaQuest Holdings, Inc., has a stake in BusinessWorld through the Philippine Star Group, which it controls. – P.P.C. Marcelo