HONG KONG: PLDT Global Corp. (PGC), a wholly owned subsidiary of Philippine Long Distance Telephone Co. (PLDT), said it expects revenue in 2014 to grow in the double digits, driven mainly
by its newly launched Mobility Mobile
Virtual Network Operations (MVNO) in the United States.
“The US is a very important market for us. It has a total of 3.4 million Filipinos,” Alexander Caeg, president of PLDT Global Corp., told reporters in a press briefing on Saturday.
PLDT Global is the international sales and marketing arm of PLDT. It is tasked to provide innovative telecommunication solutions and other relevant consumer services to Filipinos offshore.
Caeg told reporters the company expects revenues in 2014 to grow in double digits from last year’s $50 million.
On June 24, PLDT Global launched SMART World Mobile, an MVNO service in partnership with US-based telecommunication company, TMobile.
The company currently provides Global Filipinos with high-quality voice, data and Filipino-centric value-added services in key markets all over the world. Its five business pillars consist of MVNO, international load dealership, e-commerce, remittance, and enterprise business.
At present, PLDT Global has some 250,000 customers.
The company said that to increase average revenue per subscriber, PLDT Global plans to offer digital content for its MVNO service.
With over 10 years of international presence, PLDT Global said it understands the lifestyle and challenges of the Global Filipino workers and migrants.
It said that beyond providing telecommunication services, it has programs that address the personal welfare of the Global Filipino and their loved ones in the Philippines.
PLDT Global already offers MVNO services in Hong Kong, Singapore, Guam, Malaysia, Macau, Taiwan and the United Kingdom, primarily to overseas Filipino workers.