Stock Markets

PLDT, Smart deploy technology to improve connectivity in remote areas

PLDT, Smart deploy technology to improve connectivity in remote areas – BusinessWorld Online


      
      
      
      
      








BW FILE PHOTO

PLDT INC. and its wireless unit Smart Communications, Inc. have deployed new technologies to enhance internet connectivity in remote and geographically isolated and disadvantaged areas (GIDAs).

“By working hand-in-hand with our partners in government, we believe we can roll out a stronger, more resilient network faster and more efficiently,” PLDT Chief Operating Officer Menardo G. Jimenez, Jr. said in a media release on Thursday.

The Pangilinan-led telecommunications company said connecting underserved communities requires multiple solutions to ensure faster and more reliable internet services.

To reach GIDAs, PLDT said it will continue investing in network infrastructure and innovative technologies, while also strengthening partnerships with government agencies and industry stakeholders.

“PLDT’s investments in innovating to enhance its network are aligned with the Group’s broader thrust to deliver improved services to customers nationwide. It also supports PLDT and Smart’s commitment to national development through strategic partnerships that expand digital access and enhance the delivery of essential services,” the company added.

On Thursday, PLDT shares rose P26, or 1.95%, to close at P1,360 apiece.

Hastings Holdings, Inc., a unit of PLDT Beneficial Trust Fund subsidiary MediaQuest Holdings, Inc., has a majority stake in BusinessWorld through the Philippine Star Group, which it controls. — Ashley Erika O. Jose

CEDTyClea





You May Also Like

Finance

Cryptocurrency has gone from a niche idea to a global tool for business. But behind the scenes, it still takes real work to make...

Finance

The global market for humanoid robots could be worth as much as $9 trillion by 2050, with China expected to dominate demand and basic...

Finance

Glastonbury Festival has reported a rise in profits after a strong year that featured performances from global stars including Dua Lipa and Shania Twain,...

Stock Markets

Trade gap narrows to nine-month low in November – BusinessWorld Online                                    ...

Exit mobile version