PLDT sets aside PHP13bn of total PHP29bn CAPEX for Smart

4 Apr 2013

Philippine Long Distance Telephone Company (PLDT) is allocating PHP13 billion (USD318.8 million) of this year’s proposed CAPEX of PHP29 billion, on its mobile arm Smart Communications. The investment will be used to build out the cellular division’s coverage, leverage the capability of its advanced networks, boost the transmission network, increase international bandwidth capacity and expand its 3G and wireless broadband networks in order to enhance its data and mobile broadband services. The mobile arm is also enhancing its platforms and infrastructure to support ‘solutions deployment and campaign analytics’, it said.

PLDT is also setting aside PHP12 billion for its own fixed/broadband needs, PHP3 billion for its Digitel (Sun Cellular) unit, and the balance for other subsidiaries. The fixed line division will use the monies to continue the ongoing build-out and upgrade of its broadband data and IP infrastructures, and for its fixed line data services and the maintenance of its PSTN. As part of this plan, PLDT is reportedly expanding its fibre-to-the-home (FTTH) network to over 300 residential sub-divisions across the country. New areas to be covered by the latest FTTH deployment include Laguna, Muntinlupa, and Quezon City in Luzon, Cebu in the Visayas, and Davao in Mindanao region. The company initially rolled out FTTH ‘Fibr’ branded service to around 100 high-end sub-divisions in Metro Manila. Meanwhile, Digitel will use its allocation to fund mainstream services and its integration with PLDT group’s core and transmission network – particularly in rural areas – to improve operational synergies and drive down operating costs.

PLDT invested consolidated capital expenditure of PHP36 billion and PHP31 billion in 2012 and 2011, respectively.

Philippines, PLDT Inc. (incl. Smart Communications and Sun Cellular)