PLDT confident of hitting 1M new fiber subscribers by end-2021

PLDT is optimistic to hit one million fiber-to-the-home (FTTH) broadband customers by the end of 2021 as pandemic restrictions continue to drive demand for connectivity.

PLDT Home Fibr

PLDT Home further grows subscriber base

According to PLDT Consumer Home Business advisor Jeremiah de la Cruz, the telco giant recorded 800,000 new FTTH customers in the January to September period.

Last quarter alone, PLDT Home welcomed 324,000 new customers, pushing its subscriber base to 2.09 million.

We quickly saw the increased demand for fiber and we immediately responded by scaling our expansion and installation capabilities. We are on track to achieve our target to connect more than 1 million customers to the country’s fastest broadband in 2021, said Butch Jimenez, PLDT senior vice president and head of PLDT Home Business.

The PLDT unit's service revenues in the first nine months of 2021 surged by 83 percent to PHP 9 billion against the PHP 4.1 billion booked a year ago.

The total fiber capacity of PLDT Home now stands at 5.29 million ports. This, as the group completed in September its 2021 rollout plan for additional 1.7 million fiber ports.

Source: GMA