The Enterprise segment remains to be the focus growth area for PLDT as its data center expansion attracts new businesses, President and CEO Alfredo S. Panlilio stated Wednesday, May 31.
Data Center expansion sustains PLDT growth
At a glance
Telecommunications giant PLDT said its data center expansion continues to sustain its growth because it attracts new businesses,
"There are a lot of possible digital use cases and initiatives from this segment that can be housed at the VITRO Santa Rosa Data Center which is expected to go live in first quarter next year. Cloud solutions and managed services will definitely deliver fresh revenues in the coming years," said President and CEO Alfredo S. Panlilio stated Wednesday, May 31.
Already, the telco’s B2B arm, PLDT Enterprise, reported a 5 percent growth equivalent to P11.8 billion in the first quarter of the year.
Increasing digital transformation initiatives of the industry sector and the expansion of ICT service requirements of global and local businesses simply mean more revenues for tge telco.
In fact, ICT revenues, delivered by ePLDT, increased by 14 percent, mainly from data center and cloud services.
The completion of the 11th VITRO data center in Sta. Rosa will further cement the PLDT Group’s foothold as the country’s DC Powerhouse, according to Panlilio.
Network infrastructure investments on Jupiter, Asia Direct, and Apricot subsea cable systems will further support the country’s digital ecosystem by transporting massive global data into VITRO’s network of data centers, widening and strengthening the country’s global fiber footprint and thereby attracting hyperscaler investments into the Philippines.
PLDT, through ePLDT, has set its sights on expanding its managed service offerings integrated with cybersecurity and multi-cloud solutions to help enterprises digitally transform.
“By empowering enterprises with our multi-cloud and data center solutions, we are also moving forward in helping to position the Philippines as the next digital destination of Asia Pacific in the next few years,” said ePLDT President and CEO, Victor S. Genuino.
Significantly, PLDT Global, PLDT Group’s international sales and marketing arm, grew 44 percent in the first quarter of this year, driven by rising demand for networking and connectivity solutions from the US, Asia Pacific and global voice trading business.
PLDT's Fixed business segment also exhibited steady growth, driven by increased multi-industry demand for high-capacity data and next-generation services, where corporate data grew 8 percent due to internet, managed networking solutions and connectivity services.
For its wireless segment, PLDT expanded its enterprise solutions under its “Internet of Possibilities” platform, the sole Internet of Things (IoT) connectivity management platform in the Philippines.
This has enabled the company to support a wider range of use cases including asset management, vehicle tracking, telemetry, POS management and other applications.