PLDT continues to be the undisputed partner-of-choice for businesses across industries. The telco’s B2B arm, PLDT Enterprise, reported a 5% growth equivalent to P11.8 billion in the first quarter of the year. Revenue growth is attributed to the increasing digital transformation initiatives of the industry sector and the expansion of ICT service requirements of global and local businesses.
Anticipating to further grow the segment, PLDT Enterprise highlights its data center services as a foundational ICT enabler that empowers Philippine enterprises across all industries. ICT revenues, delivered by ePLDT, increased by 14% mainly from data center and cloud services.
“Enterprise remains to be a very interesting growth area for us especially by first quarter next year as the VITRO Santa Rosa data center will be completed. There are a lot of possible growth initiatives in the enterprise and we’re pushing for cloud solutions and managed services where the growth we see will be coming from,” shared PLDT and Smart President and CEO Alfredo S. Panlilio during the PLDT 2023 First Quarter briefing.
The completion of the 11th VITRO data center in Sta. Rosa will further cement the PLDT Group’s foothold as the country’s DC Powerhouse. Network infrastructure investments on Jupiter, Asia Direct, and Apricot subsea cable systems will further support the country’s digital ecosystem by transporting massive global data into VITRO’s network of data centers, widening and strengthening the country’s global fiber footprint and thereby attracting hyperscaler investments into the Philippines. PLDT, through ePLDT, has set its sights on expanding its managed service offerings integrated with cybersecurity and multi-cloud solutions to help enterprises digitally transform.
“By empowering enterprises with our multi-cloud and data center solutions, we are also moving forward in helping to position the Philippines as the next digital destination of Asia Pacific in the next few years,” said ePLDT President and CEO, Victor S. Genuino.
“We’ve always strived to be the go-to partner of choice among industry leaders both for PLDT Enterprise and in ePLDT. As leading providers of ICT infrastructure with our reliable network coverage and data center expertise, we are aligned in our commitment to furthering together more enterprises in their digital transformation journey,” said PLDT and Smart FVP and Head of Enterprise and International Business Groups Mitch Locsin.
Also notable for PLDT Enterprise’s first quarter performance was the 44% growth from PLDT Global, PLDT Group’s international sales and marketing arm, driven largely by networking and connectivity solutions from US and APAC and global voice trading business.
Its Fixed business segment also exhibited steady growth driven by increased multi-industry demand for high-capacity data and next-generation services where corporate data grew 8% due to internet, managed networking solutions and connectivity services.
For its wireless segment, PLDT further expanded its enterprise solutions under its “Internet of Possibilities” platform, the sole IoT connectivity management platform in the Philippines. This has enabled the company to support a wider range of use cases including asset management, vehicle tracking, telemetry, POS management, and other applications.
PLDT continues to power the nation’s economic backbone serving the connectivity and ICT needs of large, medium, and small enterprises and supporting the government’s overall digitalization thrust, through its unparalleled domestic and international fiber optic network infrastructure now spanning over 1.1 million kilometers.