Meralco’s Radius Telecoms offers ‘RED Fiber’ to ease transactions

TELECOMMUNICATIONS services provider Radius Telecoms, Inc., a subsidiary of Manila Electric Co. (Meralco), is offering better connectivity to consumers with its latest fiber broadband service “RED Fiber.”

The service should address customers’ “overwhelming need” for connectivity amid the pandemic crisis, Radius Telecoms said in an e-mailed statement.

“Certain areas are implementing granular lockdowns brought about by this global health crisis. Having a grand product launch doesn’t feel right at the moment. But at the same time, we want to continue creating ways to serve our customers safely and efficiently. That is why we launched RED Fiber online — to provide ease of transaction for our customers,” Radius Telecoms President and Chief Executive Officer Exequiel C. Delgado said.

The company was launched in November last year. Its services are currently available in Greater Metro Manila, Calabarzon (Region IV-A), and parts of Central Luzon.

It also has a partnership with Cignal TV to launch dual-play plans. The objective is to give consumers “unlimited fiber internet plus premium channels,” Radius Telecoms said. The company promises “90% service reliability and 33% minimum speed” for its fiber internet home plans.

RED Fiber plans start at P1,699 per month inclusive of a 20-megabits per second connection bundled with IPTV (internet Protocol television) from Cignal TV, it added.

Meralco’s controlling stakeholder, Beacon Electric Asset Holdings, Inc., is partly owned by PLDT, Inc.

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