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Philippine long-distance telephone company PLDT has planned to spend 50 billion pesos (about 6.
1 billion yuan) in 2018 to promote the development of domestic digital services, which is also part of
the company's commitment to spend 260 billion pesos (about 31.
67 billion yuan) over five years to consolidate the dominance of domestic telecommunications companies.
In recent years, the long-term market share of Philippine long-distance telephone companies has been challenged
with the addition of third-party telecommunications companies.
Manuel Pangilinan, President of PLDT, said: "This year we will invest heavily in expanding our domestic telecommunications network and upgrading our network to a powerful and resilient service platform to provide users with better digital services and solutions
.
Change people's lives through effective telecommunications networks and enable countries to compete and thrive
in this digital age.
”
In this transformation, the group's Smart Communications division will increase the number of over-the-air LTE base station transceivers (BTS) from 8,700 to 17,700 to significantly increase mobile internet speeds
.
Meanwhile, for fixed broadband, the Philippine Long Distance Telephone Company will double fiber and hybrid fiber broadband capacity to more than 2.
2 million ports, up from 1 million ports
at the end of 2017.
The Philippine Long Distance Telephone Company expects its fixed broadband service to grow by 30% this year to 5.
1 million households, while deploying 33,000 km of fiber-optic cables, increasing the total from 174,000 km to 210,000 km, and increasing bandwidth capacity by 80% to 8.
92Tbps by the end of 2019, up from 5Tbps
in 2017.
This article uses the real-time exchange rate of 1 Philippine Peso = 0.
1218 RMB
Philippine long-distance telephone company PLDT has planned to spend 50 billion pesos (about 6.
1 billion yuan) in 2018 to promote the development of domestic digital services, which is also part of
the company's commitment to spend 260 billion pesos (about 31.
67 billion yuan) over five years to consolidate the dominance of domestic telecommunications companies.
In recent years, the long-term market share of Philippine long-distance telephone companies has been challenged
with the addition of third-party telecommunications companies.
Manuel Pangilinan, President of PLDT, said: "This year we will invest heavily in expanding our domestic telecommunications network and upgrading our network to a powerful and resilient service platform to provide users with better digital services and solutions
.
Change people's lives through effective telecommunications networks and enable countries to compete and thrive
in this digital age.
”
In this transformation, the group's Smart Communications division will increase the number of over-the-air LTE base station transceivers (BTS) from 8,700 to 17,700 to significantly increase mobile internet speeds
.
Meanwhile, for fixed broadband, the Philippine Long Distance Telephone Company will double fiber and hybrid fiber broadband capacity to more than 2.
2 million ports, up from 1 million ports
at the end of 2017.
The Philippine Long Distance Telephone Company expects its fixed broadband service to grow by 30% this year to 5.
1 million households, while deploying 33,000 km of fiber-optic cables, increasing the total from 174,000 km to 210,000 km, and increasing bandwidth capacity by 80% to 8.
92Tbps by the end of 2019, up from 5Tbps
in 2017.
This article uses the real-time exchange rate of 1 Philippine Peso = 0.
1218 RMB
