Philippine Long Distance Telephone Company (PLDT) is spending an additional PHP560 million (USD13.5 million) to triple the capacity of its internet gateway. Having already completed a major PHP67.1 billion modernisation programme, Rolando Pena, head of the technology group of PLDT-Smart Communications, confirmed that the additional investment is designed to cater for an anticipated rise in broadband subscribers in the next few years, as well as increased demand for data usage stemming from the deployment of Smart’s Long Term Evolution (LTE) network and the fibre-to-the home (FTTH) technology being rolled out by PLDT.
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OVETEL PLDT to spend PHP560m to triple internet gateway
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