PLDT Inc. is aiming to breach 1,000 terabits of international capacity in the next five years by investing in subsea cables that will improve its customers’ online experience.
“They also help boost the country’s digital economy including the proliferation of fintech , help create more jobs, and attract interested global tech giants or hyperscalers to invest here,” said Albert Mitchell L. Locsin, PLDT first vice-president and head of enterprise and international business groups, in a press release.
“[They] are meant to further advance the country’s emerging digital economy, attract global hyperscalers, and future-proof its infrastructure,” PLDT said. PLDT is also on track to reach 100-terabit capacity by end-2023 after the Asia Direct Cable system finishes the construction of all landing sites and installation of submarine cable.
The $80-million Apricot will be raising the company’s total capacity by more than 130 terabits per second and will be reinforcing its links to Guam, Japan, Taiwan, and Singapore.
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