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Broadband & Data Account for 53% of total PLDT HOME Revenues

Broadband & Data Account for 53% of total PLDT HOME Revenues Image Credit: PLDT

The leading operator in the Philippines, PLDT's home digital services unit, PLDT HOME claims that it commands a market share of around 70% in the first quarter as it continues to offer digital services to its nearly 1.3 million wired broadband customers. Broadband and data revenues now account for 53% of total PLDT HOME revenues at P4.23 billion as of end-March

PLDT HOME provides customers with a number of home entertainment services running on broadband led by PLDT HOME DSL and PLDT HOME Fibr that serve as the foundation for value-added services such as linear IPTV with Cignal TV, catch up TV with Fox, and video on demand as offered by iflix. These services are available at home and on mobile devices..

Among the growing array of web-connected devices offered by PLDT HOME to customers are the Telpad, FamCam, and the TVolution Stick. The all-new Telpad is a tablet that serves as the hub of the digital services for the home. It can control home appliances through WiFi and Infrared as well as the FamCam, a home monitoring security camera that transmits live footage to mobile devices. The TVolution Stick, launched in partnership with Intel and Microsoft, is a device that turns an ordinary TV into personal computers.

Manuel V. Pangilinan, PLDT Chairman and CEO 
PLDT has posted strong gains in data, broadband, and digital services. Our experience in the fixed line business shows how growth can be restored by progressively building up our data and broadband revenues to critical mass.

Ariel P. Fermin, PLDT EVP and Head of Consumer Business 
PLDT HOME had a good head start, having been growing in revenues for five consecutive years now with its unmatched digital services and compelling content. In the first quarter of 2016 alone, revenues derived from the sale of these devices have reached over P700 million and are likely to exceed P2 billion for 2016.

Author

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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