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Philippines’ PLDT injects US$80m into Apricot undersea cable system
- Thursday | 19th August, 2021
PLDT touted as having the Philippines’ fastest and most reliable internet connection, is investing US$80 million into Apricot, a new undersea cable system that will expand global network infrastructure and meet the growing demand for 4G, 5G, and broadband access in Asia-Pacific. Apricot, set to launch in 2024, will bring greater connectivity in a region with rapidly increasing consumer internet traffic. Statista forecasts that from only 27 exabytes per month in 2017, consumer internet traffic in Asia will spike to 130 exabytes per month. Facebook’s Nico Roehrich, manager for network investments, says the new undersea cable system is 12,000-kilometre-long and will connect the countries of Japan, Taiwan, Guam, the Philippines, Indonesia and Singapore. Panlilio added that the cable system aligns with their efforts to make the Philippines a strategic data centre hub in the region.
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