It’s another good year for PLDT, as it reported that its fiber business grew by 45% to Php 48.5 billion as of the end of 2022. In its report, PLDT reports that it added 514,000 new subscribers by the end of 2022, which translates to capturing almost 60% of new fiber customers.

“Despite the many challenges, we sustained our growth momentum all thanks to the trust that our customers have given us. We will continue to level up our products and services to provide Filipino households with the technology and tools that they need to power their digital lifestyles,” PLDT Home Consumer Business Group Head Jeremiah de la Cruz said.

Fiber-only revenues account for 84% of the total revenue for PLDT Home, and the company reports a total growth (including non-fiber revenues) of 20% to Php 57.4 billion in 2022.

Among the improvements PLDT offered to its customers last year include up to 10 Gbps of symmetrical internet speeds or equal upload and download speeds and increasing the speeds of all its Fiber plans by up to two times faster. In addition to that PLDT also introduced the Easy Speedboost promo where customers can enjoy up to 600 Mbps speed upgrade with a minimal add-on fee monthly.

PLDT also introduced new products to its portfolio like its WiFi Mesh System and  MyOwnWiFi–the latter allowing existing Fiber customers to have a secondary internet connection with the same speeds as their Fiber base plan, at half the price.

As of the end of 2022, PLDT has a total fiber footprint of approximately 1.1 million kilometers, which consists of over 231,000 kilometers of international fiber and around 866,000 kilometers of domestic fiber.