PLDT Home records 45% revenue growth

Home broadband and digital services provider PLDT Home fiber-only service revenue grew by 45% to P48.5 billion in 2022.

According to the Group, as of end-2022, PLDT Home’s fiber customers stood at 2.9 million, with 514,000 net additions for the year, capturing almost 60% of fiber customer industry growth last year.

PLDT Home’s total revenues, counting fiber and non-fiber revenues, accelerated by 20% to P57.4 billion marking the second consecutive year of double-digit revenue growth for the segment, with fiber-only revenues accounting for 84% of total Home revenues.

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Aside from fiber broadband, the telco also offers fixed wireless solution to ensure that the telco can serve all segments of the market.

The PLDT Group has further expanded its total fiber footprint to approximately 1.1 million kilometers, consisting of over 231,000 kilometers of international fiber and around 866,000 kilometers of domestic fiber as of end-2022. Homes passed reached some 17.2 million homes in 68% of the country’s cities and municipalities.

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