PLDT reported that its Home Business Group revenues has been boosted by 10% to reach its highest-ever of PHP 36.4 billion last year. The company signed up 245,000 new Home customers for its fiber-powered internet services which increased its broadband subscriber base to over 1.9 million. This raised PLDT Home’s data service revenues by 33% to PHP 27.5 billion. The demand for high-speed broadband services at Home has been driven by the growing appetite of Filipinos for services like Netflix, iflix, Cignal, and the NBA. They expanded their fixed and mobile broadband networks through a capital expenditures (Capex) program that reach PHP 58.5 billion in 2018. This increased the coverage of its fiber-powered fixed network by 57% to 6.3 million homes passed, exceeding by end-2018 its 2020 target. To support the rapid expansion, the company added nearly 70,000 kilometers of fiber cables, expanding its total fiber network to over 244,000…
