Metro Manila (CNN Philippines, August 3) — Filipinos’ appetite for data connectivity continued to reflect on PLDT’s growth despite persistent issues hitting consumers, with the Pangilinan-led company posting gains for the first half.
In a disclosure Thursday, PLDT said its reported income reached ₱18.5 billion, a 10% jump year-on-year.It said service revenues rose by ₱900 million to ₱94.5 billion “notwithstanding the challenging macroeconomic backdrop,” thanks to its core businesses—home, enterprise, and mobile—posting growth in the period.PLDT said data and broadband remained the main driver with 82% or ₱77.5 billion contribution to consolidated service revenues.The group’s home fiber business also saw robust performance during the first six months, with revenues accounting for 85% or ₱25.7 billion of the segment’s total topline.
