PLDT's capex to top PHP 50 billion in 2018

Monday 5 February 2018 | 06:13 CET | News
Philippine operator PLDT has announced it is mid-way through its 5-year PHP 260 billion capital expenditure program (2016-2020). In 2018, PLDT's capex will top PHP 50 billion, and is expected to maintain this level over the next two years. That would bring the Group's total capex from 2016 to nearly PHP 260 billion (approximately USD 5 billion). This is on top of the nearly PHP 175 billion of capex that PLDT reports it has invested in network building in period between 2011 and 2015.

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Categories: Internet / Mobile & Wireless
Companies: PLDT / Smart Communications
Countries: Philippines
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