PLDT gets $1M US funding for network expansion program
Telco giant PLDT Inc. has secured a $1 million grant from the US Trade and Development Agency (USTDA) which will be used to fund a fiber optic network and transmission infrastructure modernization training program under US-based IT and networking leader Cisco.
“This landmark grant agreement between PLDT and the US Trade and Development Agency for training purposes will enable PLDT to utilize fully the cutting-edge technologies that Cisco will deploy to transform our fiber transmission network into a 5G-ready infrastructure,” said PLDT chairman and CEO Manuel V. Pangilinan.
The program will further equip PLDT with certified professionals in its preparation to launch 5G service and other advanced systems.
“This will definitely benefit the Philippines, and raise its efforts in adopting and deploying technologies in the next wave of digital innovation,” Pangilinan said.
PLDT has been investing in its fiber optic network expansion across the country to deliver ICT and fast connectivity to businesses and homes in both for fixed and wireless.