PLDT posts record full-year revenue in 2020, on 18% data, broadband business growth

Friday 5 March 2021 | 09:26 CET | News
Philippines operator PLDT saw its service revenues increase by 9 percent year-on-year to PHP 171.5 billion in 2020. PLDT says this is the highest full-year revenue ever attained, surpassing PHP 157.7 billion in 2019. Revenue grows was mainly boosted by data and broadband demand which jumped 18 percent year-on-year to PHP 124.5 billion.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Categories: General
Companies: PLDT / Smart Communications
Countries: Philippines
::: add a comment
This article is part of dossier




Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Voyager's PayMaya secures digital bank licence in the Philippines

Published 23 Sep 2021 16:09 CET | Philippines
Voyager Innovations (Voyager), through its financial technology arm PayMaya Philippines (PayMaya), said it has obtained the ...

Smart launches Signature Plan Lite plan for PHP 599 per month

Published 27 Jul 2021 16:03 CET | Philippines
Philippines operator Smart Communications has launched the Signature Plan Lite prepay plan for PHP 599 per month. The Signature ...

PLDT, Smart expand fiber infra, 5G coverage in Palawan province

Published 22 Jun 2021 11:53 CET | Philippines
Philippines operator PLDT and its mobile unit Smart Communications are expanding the coverage of their fiber and wireless ...

Smart launches Magic SIM for prepay customers in Philippines

Published 07 Jun 2021 11:05 CET | Philippines
Philippines operator Smart Communications has launched the Smart Magic SIM for prepay customers. The prepay SIM comes with 24 GB ...

Smart nears 40 million active data users

Published 14 May 2021 09:50 CET | Philippines
Philippines mobile operator Smart Communications reports that mobile data services accounted for 78 percent of its Consumer ...

PLDT, Smart open temporary customer service booths at supermarkets, malls

Published 06 Apr 2021 08:43 CET | Philippines
PLDT and Smart Communications have expanded their efforts to serve more customers online and offline. This, as the government ...

Smart deploys 1,400 5G sites across Philippines

Published 01 Mar 2021 18:33 CET | Philippines
Philippines operator Smart Communications reports it has deployed more than 1,400 5G sites across the country. These include 5G ...

PLDT appoints Tamayo as head of network planning and engineering

Published 29 Jan 2021 10:28 CET | Philippines
Philippines operator PLDT has appointed Mario Tamayo as its head of network planning and engineering, effective immediately. ...

PLDT Global expands partnership deal with Equinix in Asia-Pacific

Published 22 Jan 2021 09:10 CET | Asia
PLDT Global, the international subsidiary of Philippines operator PLDT, has teamed up with digital infrastructure company ...

Philippines mobile internet speeds jump 62%, fixed broadband speeds grow 86% in past 3 years

Published 21 Jan 2021 13:57 CET | Philippines
Average mobile internet speeds in the Philippines increased by 62 percent between 2017 and 2020, while fixed broadband speeds ...

PLDT expands fibre infra to 429,000 km across Philippines

Published 19 Jan 2021 05:17 CET | Philippines
Philippines operator PLDT has extended its fibre infrastructure to more than 429,000 kilometers across the country at ...

PLDT, Smart increase capex by 25% to up to PHP 92 billion for 2021

Published 14 Dec 2020 11:20 CET | Philippines
Philippines operator PLDT and its mobile unit Smart Communications report they have invested around PHP 260 billion in the last ...