PLDT is set to exceed its one million new fiber customers target for the year as it breached the 800,000 new installations mark as of end-September. PLDT also sustained its quarterly record in market share gains among telco providers.
The telco’s home business segment added over 324,000 new fiber customers for the third quarter alone. PLDT chair Manuel V. Pangilinan already alluded to strong fiber uptake for the month of October during the company’s recent 9-months briefing, indicating sustained momentum for the next quarter to surpass a million new fiber subscribers.
“We are in a position of strength both in the home and enterprise segments and are determined to stay ahead,” said Alfredo Paniliio, president and CEO, PLDT Inc and Smart Communications. “We have new ports coming in that will enable our Home team to offer our services to all Filipinos that remain unserved. As this continues to be a huge demand, we look forward to big growth as well next year.”
Demand for easy installation and reliable connectivity at home continues to drive PLDT’s Home business growth streak as more customers adjust to the digitalization of hybrid work and school setups.
Since the pandemic, PLDT has doubled up efforts in expanding its network and fiber coverage to reach more homes across the country. PLDT’s fiber footprint now spans over 615,000 kilometers, with over 12.7 million homes passed, and 5.3 million ports ready for service.