PLDT in­vests P500 mil­lion in in­ter­na­tional sub­ma­rine ca­ble link

Business World - - COR­PO­RATE NEWS - Marcelo Pa­trizia Paola C.

PLDT, Inc. is mak­ing an ini­tial P500-mil­lion in­vest­ment in a new in­ter­na­tional sub­ma­rine ca­ble link from the Philip­pines to Africa, Europe, and the rest of Asia.

In a state­ment, PLDT said the new Asia-Africa- Europe 1 Sub­ma­rine Ca­ble Sys­tem (AAE-1) is ex­pected to be launched be­fore the end of the year.

The telecom­mu­ni­ca­tions gi­ant said its ini­tial in­vest­ment in the 25,000- kilo­me­ter in­ter­na­tional ca­ble sys­tem will be made through a part­ner in the con­sor­tium that owns the fiber op­tic sub­ma­rine ca­ble sys­tem.

The AAE-1 ca­ble sys­tem works with the other in­ter­na­tional ca­ble sys­tems that land in the Philip­pines. The sys­tem will link the Philip­pines to 19 lo­ca­tions abroad, in­clud­ing Hong Kong, Viet­nam, the United Arab Emi­rates, Dji­bouti, Italy, and France.

“The AAE-1 ca­ble sys­tem will fur­ther re­in­force the re­siliency of PLDT’s over­seas links, ex­pand the ca­pac­ity and en­hance the qual­ity of our 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,” PLDT Global Corp. Pres­i­dent and CEO Ka­t­rina Lu­naA­be­larde was quoted as say­ing in a state­ment.

The ca­ble sys­tem is an ad­di­tion to PLDT’s net­work of 15 in­ter­na­tional ca­ble sys­tems. Four of these sys­tems land in the Philip­pines, namely: Asia Sub­marineCable Ex­press (ASE), the largest­ca­pac­ity in­ter­na­tional sub­ma­rine ca­ble sys­tem in the Philip­pines with a land­ing sta­tion lo­cated in Daet in Ca­marines Norte; the Asia Pa­cific Ca­ble Net­work 2 ( APCN2) and the South­east Asia-Mid­dle East-West Europe 3 (SEA-ME-WE3) which both land in Na­sugbu in Batan­gas; and the Asia- Amer­ica Gate­way ( AAG) that lands in Bauang in La Union.

PLDT In­ter­na­tional Net­work Vice- Pres­i­dent Ge­naro C. Sanchez said the sub­ma­rine in­fra­struc­ture has 100 Gi­ga­bits per sec­ond trans­mis­sion tech­nol­ogy and is de­ployed with min­i­mum de­sign ca­pac­ity of 4 Ter­abits (Tbps) per sec­ond.

“This sub­ma­rine in­fra­struc­ture… will re­in­force PLDT’s in­ter­na­tional links to Europe and the Mid­dle East via its PointofPres­ence ( PoP) fa­cil­i­ties in Hong Kong and Sin­ga­pore… With AAE-1, the PLDT Group’s to­tal in­ter­na­tional ca­pac­ity will be over 4 Ter­abits per sec­ond (Tbps), sig­nif­i­cantly greater than that of com­pe­ti­tion, fur­ther un­der­scor­ing the su­pe­ri­or­ity of the PLDT net­work,” Mr. Sanchez said in a state­ment.

PLDT is ramp­ing up its in­vest­ments to ex­pand cov­er­age of its fixed and wire­less net­work. For this year, PLDT set aside P38 bil­lion for cap­i­tal ex­pen­di­tures, mainly for net­work mod­ern­iza­tion and ex­pan­sion pro­gram.

Hast­ings Hold­ings, Inc., a unit of PLDT Ben­e­fi­cial Trust Fund sub­sidiary Me­di­aQuest Hold­ings, Inc., has a stake in Busi­nessWorld through the Philip­pine Star Group, which it con­trols. —

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