MANILA, Philippines — PLDT Inc.’s mobile business posted record high revenues in the first quarter behind the increasing appetite of its customers for online video and mobile games. Service revenues of its individual wireless business, which includes the consumer sales of Smart, Sun and TNT mobile brands, soared 18 percent year-on-year to P16.9 billion during the three-month period. The record increase in revenues was driven by a robust growth in data and broadband revenues which accounted for 65 percent of the total. PLDT said its wireless brands added 3.4 million customers in the first quarter, with mobile data traffic rising by 127 percent year-on-year to 304 petabytes. They also sponsored the professional league in the Philippines of the popular mobile game Mobile Legends,” it added.

Source: Philippine Star May 18, 2019 16:02 UTC