TELECOM | PLDT’s fixed wireless business up 47%

As of year-end 2021, Smart’s fixed wireless subscriber base reached approximately 1 million subscribers.

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The Philippines’ largest, fully integrated telecom network PLDT’s revenues for its fixed wireless business grew 47 percent to ₱3.3 billion in 2021, as limited mobility confined customers to their homes and increased the demand for more affordable and accessible fixed wireless broadband internet solutions, particularly in areas not yet served by fiber.

PLDT’s wireless unit Smart Communications, Inc. (Smart) also launched its Smart Bro Rocket SIM in the third quarter of 2021, driving mobile broadband’s growth in the second half of the year.

As of year-end 2021, Smart’s fixed wireless subscriber base reached approximately 1 million subscribers.

“Our fixed wireless solutions catered to the requirements of our subscribers who need shared broadband connectivity or simply to power high-draw devices such as laptops, but with the flexibility provided by wireless mobility for work or study from anywhere applications,” said Jane J. Basas, senior vice president and head of consumer wireless business at Smart.

The increase in Smart’s mobile data traffic has been supported by PLDT and Smart’s continuous network buildout. In 2021, Smart increased to nearly 75,400 its total base stations nationwide, supporting its 4G/LTE and 5G customers across the country. This includes around 7,200 5G base stations.

Smart’s mobile network is supported by PLDT’s fiber infrastructure, which was at 743,700 kilometers as of end-2021.

These wireless and fiber rollouts and other network-related initiatives made up the bulk of the ₱89 billion spent for 2021, in line with guidance. For 2022, PLDT is expected to invest between ₱76-80 billion in demand-driven capex.

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by TechSabado.com editors
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