Telecommunications giant PLDT Inc. expects its 2020 capital expenditures to be higher than this year’s P78.4 billion as it pursues the its aggressive expansion.
“The technology group is really continuing to make the network more robust. More investments are going to be made on 4G and 5G,” said Manuel V. Pangilinan, chairman and president of PLDT.
Meanwhile, PLDT and its wireless subsidiary Smart Communications inked an agreement with the Araneta Group to launch 5G technology in premier lifestyle hub Araneta City and transform it into the country’s first Smart 5G Lifestyle Hub.
“Last year, we fired up our first 5G base stations in Clark and Makati and launched the first Smart 5G Cities. Earlier this year, we launched the first Smart 5G Campus in Ateneo, and the Smart 5G Alliance. Today, we are marking another milestone in our 5G journey, this time by enabling Araneta City to be the country’s first full 5G coverage lifestyle hub,” said Smart president Al Panlilio.
With its capability to deliver extremely high speeds coupled with low latency, 5G opens up many possible applications for the internet of things and smart cities, as well as smart applications for the retail, transport, manufacturing, logistics and warehousing sectors, as well as intelligent solutions for customer support and smart homes, among others.
Smart has also already rolled out fast, free and open fiber-powered Wi-Fi connectivity through Google Station in key areas, including Gateway Mall, Smart Araneta Coliseum, New Frontier Theater and the Araneta City bus port, to name a few.
Google Station has also been deployed in government offices, city and provincial halls, hospitals, tertiary schools, and transportation hubs like airports and seaports.