14 Aug 2006
Filipino fixed line operator Philippine Long Distance Telephone (PLDT) says it hopes to have signed up a million broadband internet subscribers within the next three years and added that it sees high speed access services as a key revenue generator for the business. ‘We believe that our growth will come from data and broadband services,’ said Napoleon Nazareno, president and chief executive officer of PLDT and Smart Communications, as he presented the company’s 1H 2006 financial results. The telco is accelerating plans to migrate to a next-generation network (NGN) to enable it to launch new services, boost capacity on that available under its legacy PSTN, and make cost savings from lower network maintenance costs. ‘The benefits of NGN will be seen in the next twelve to 18 months,’ he added.