Telco’s enterprise revenues hit record high

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PLDT Inc. has sustained the steady growth of its enterprise business on the back of a reopening of the economy from the pandemic as well as the increasing adoption of Information and communications technology (ICT) and data services.

First quarter 2022 revenues of PLDT Enterprise reached an all-time high of P11.6 billion, up 7 percent from the same quarter in 2021, driven by the robust uptake of fixed internet services as businesses require reliable and high-speed connectivity, the telco said.

PLDT said its aggressive go-to-market programs in partnership with government agencies for hyperscalers’ data center and high-bandwidth requirements, as well as deep engagement with enterprises and the public sector to accelerate their adoption of digital transformation solutions, also contributed to the growth of its corporate business unit.

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“PLDT Enterprise is committed to help the country move forward and bounce back to economic progress by giving businesses the right tools to thrive and succeed further together,” said Jojo Gendrano, PLDT and Smart Communications Inc. first vice president and head of enterprise business group.

“Our growth momentum supports the larger, group-wide goal of PLDT to help businesses implement their digital roadmaps, sustain their work operations, and accelerate recovery from economic disruptions brought about by the pandemic,” he added.

PLDT also sustained its investments in cloud practices and data center infrastructure as these services continue to be strong revenue growth drivers.

First quarter highlights of PLDT Enterprise include the groundbreaking of VITRO Sta. Rosa in Laguna, the 11th facility in ICT arm ePLDT’s suite of data centers.

Geared to be the country’s largest data center campus, the project aims to solidify the Philippines’ standing as the next hyperscaler destination in Asia and prime the industry as the nation’s next growth engine, the telco said.

Alongside digital infrastructure investments, PLDT Enterprise further elevated domain expertise and technical capability by achieving advanced certifications from prominent global technology partners.

PLDT said these enable it to strengthen its leadership as the digital transformation partner-of-choice of businesses.

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