(Makati City, Philippines), July 22, 2016 Leading telecommunications and digital services provider PLDT – through its corporate business group PLDT ALPHA – has strengthened its plan to expand its service reach overseas through a partnership with cloud services provider Global Cloud Xchange (GCX).
In a recent contract signing ceremony, the two groups agreed to support the availability of each other’s solutions in their respective service areas. Through this strategic partnership, PLDT can leverage GCX’s network – built upon one of the largest private undersea cable networks in the world – to deliver their products and services to more customers in markets in Asia, the Middle East, and Europe. GCX, a subsidiary of Mumbai-based mobile and fixed line giant Reliance Communications, Ltd, provides connectivity, managed network, infrastructure, and industry-specific services, in addition to its flagship Cloud X® Fusion platform.
PLDT is poised to strengthen its international presence, eyeing potential expansion into markets such as Hong Kong and Singapore. This follows the telco’s United States venture, which has been enjoying year-on-year revenue growth of 36% since 2015, in addition to having an expanding workforce. GCX Asia Pacific President Fabrizio Civitarese is optimistic that this partnership would go beyond helping PLDT replicate its U.S. gains, as it makes its quality products and services accessible to a broader range of customers. “We are very honored as PLDT chose us as their partner in further expanding their network and enterprise business internationally. We believe that as a global player, we can provide them with a solid platform for further growth.”
FVP and Head of PLDT ALPHA Jovy Hernandez also looked forward to this continued expansion for PLDT, as well as future collaborations with GCX. “We value many things in business, especially the personal relationships we have cultivated with strategic partners. Beyond innovative technology, we want to deliver to our clients an invaluable measure of peace of mind – through the high service standards that Filipino firms and people are known for — in areas that GCX already serves.”
PLDT is the leading telecommunications service provider in the Philippines. Through its principal business groups – fixed line, wireless and others – PLDT offers a wide range of telecommunications services across the Philippines’ most extensive fiber optic backbone and fixed line and cellular networks.
PLDT is listed on the Philippine Stock Exchange (PSE:TEL) and its American Depositary Shares are listed on the New York Stock Exchange (NYSE:PHI). PLDT has one of the largest market capitalizations among Philippine-listed companies.
About Global Cloud Xchange
Global Cloud Xchange (GCX), a subsidiary of Reliance Communications, offers a comprehensive portfolio of solutions customized for carriers, enterprises and new media companies. GCX owns the world’s largest private undersea cable system spanning more than 67,000 route kms which, seamlessly integrated with Reliance Communications’ 200,000 route kms of domestic optic fiber backbone, provides a robust Global Service Delivery Platform. With connections to 40 key business markets worldwide spanning Asia, North America, Europe and the Middle East, GCX delivers Managed Services to more than 160 countries and offer extensive VPLS-enabled Ethernet network capabilities globally. GCX is equipped to support businesses through the deployment of next generation Enterprise solutions across its Cloud Delivery Networks.