Tuesday 17 July
Powered by Ajaxy
Oct 12, 2017 @ 18:16

PLDT invests in new undersea cable to 3 continents


PLDT Inc. has invested an initial P500 million in a new international submarine cable that will link the Philippines to three continents.

In a statement, PLDT said its investment in Asia-Africa-Europe 1 Submarine Cable System (AAE-1) would further reinforce the resiliency of its overseas links and enhance the quality of its data and internet connections.

“It will further accelerate PLDT’s digital pivot and expansion, allowing it to serve more customers not only in the country but in the continents of Asia, Africa, and Europe, as well,” said Kat Luna-Abelarde., PLDT first vice president and head of international and carrrier business and CEO of PLDT Global Corp.

The AAE-1 cable system, in tandem with the other international cable systems that land in the Philippines, will connect the country to 19 international destinations, namely, Hong Kong, Vietnam, Cambodia, Thailand, Singapore, Malaysia, Myanmar, India, Pakistan, United Arab Emirates, Oman, Qatar, Saudi Arabia, Djibouti, Yemen, Egypt, Greece, Italy, and France.

With AAE-1, the PLDT Group’s total international capacity will hit over 4 Terabits per second (Tbps), way better than its rival.

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Related Stories
Fears of fresh escalation in Syria's brutal war coupled with compliance with a pledge by
A sharp rise in the currency of war-torn Yemen Thursday following a $2-billion Saudi bailout
Middle Eastern carriers posted a 2.5 percent traffic increase in June, far below the 7.5
The Philippines is among the Top 20 top performing wealth markets in the world over


Trending News

Recommended on sister sites

Copyright © 2018 Bilyonaryo - Latest news on the richest Filipinos and Family Business.