PLDT Home is major revenue driver this year

Published January 12, 2022, 10:25 AM

by Emmie V. Abadilla

PLDT Home is expected to be a major driver for the telco giant’s revenues this year as it launches additional products, according to Chairman Manuel V. Pangilinan.

Already, PLDT Home has connected over 800,000 households to date, supporting both work-from-home and online learning in the continuing pandemic.

“We already have about 12 million homes passed and about 5.29 million ports, by far the biggest base for ports available,” he noted.

“So this 2022, there will be a big push as PLDT Home will be a major revenue driver for growth,” he reiterated.

As of the third quarter last year, PLDT’s fiber-to-the-home business revenues hit ₱9.0 billion, up 83 percent due to strong market demand.

Total Home revenue grew 25 percent to ₱35.3 billion in the first nine months of the year, boosted by the record revenue increase in the third quarter.

This year, PLDT Home plans to introduce more attractive and relevant Home plans for the connected Smart Home.

These include the new Unli Fiber Plans ranging from 50Mbps speeds for Plan 1699 to 1000Mbps for Plan 9499, along with other Fibr Plus plans that bundle Wi-fi mesh devices to keep all corners of the home connected.

“We introduced the newest set of Fibr plans with upgraded speeds to give every Filipino family the best digital experience,” according to Butch G. Jimenez, Jr., Senior Vice President and Head of PLDT Home Business.

“It’s a big part of our commitment to provide Filipino families a future where more homes can access the best digital services and fastest connectivity.”

 
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