MVP bags Telco CEO of the Year in Asia
Tycoon Manuel V. Pangilinan was named Telecom CEO of the Year by Telecom Asia, the largest telco publishing group in Asia
Pangilinan, CEO at both Smart and PLDT., bested seven other nominees namely Andrew Kwok of HGC Global Communications Ltd., Bill Barney of Reliance Communications & Global Cloud Xchange, Chua Sock Koong of the Singtel Group, Dian Siswarini of XL Axiata, Ernest Cu of Globe Telecom, Vinod Kumar of Tata Communications, and Yang Jie of China Telecom.
Under Pangilinan’s leadership, PLDT and Smart have committed historic levels of resources to support their aggressive network transformation.
“I accept this award with caution and humility,” Pangilinan said. “I am very mindful that in this age of relentless disruption, each new day brings fresh challenges. If anything, this award serves as a reminder that we must keep striving to reinvent our businesses and improve the lives of our people.”
Smart fastracked the deployment of Long Term Evolution (LTE), LTE-Advanced, and carrier aggregation technology by re-equipping cell sites with low-frequency and high-frequency bands for improved coverage, capacity, and speeds.
As of the end of March this year, Smart over 10,000 LTE base stations.
The accelerated rollout has boosted revenues, with mobile data revenues rising 21 percent to P6.5 billion in the first quarter. Data now accounts for 44 percent of the revenues of the wireless individual business.