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PLDT to spend P11 billion in two years to improve internet speed

Pangilinan-led PLDT Inc. is spending P11 billion in the next two years to finance a modernization plan which includes the shift to fiber internet.

The budget will allotted to rollout a million Fibr ports across the country and upgrade over 1.3 million subscribers to fiber optics cable from Digital Subscriber Line (DSL).

"We are leveling up their broadband experience with the migration of our DSL customers to Fibr-fast connectivity," said Marco Borlongan, PLDT first vice president and head of Home Business.

According to PLDT, its DSL plan use copper wire technology with speeds of up to 15 Mbps. Its Fibr plan use fiber optic technology with speeds of up to 100 Mbps to 1 Gbps.

"This year, we’ve been rolling out fiber-to-the-home network nationwide and we’ve also teamed up with world-renowned content platforms and providers to ensure that our subscribers get the best possible home entertainment experience,” Borlongan said.

On Wednesday, after Alibaba Group founder Jack Ma told a forum at De La Salle University that his experience of Philippine internet was not good, PLDT issued another statement claiming that party tests showed its internet speeds and coverage have improved since the company rolled out its fiber service. — Jon Viktor Cabuenas/VDS, GMA News