PLDT's P2B social loan wins 'Social Infrastructure Deal of Year'

PLDT Inc.'s P2-billion social loan from HSBC Philippines was recognized by The Asset magazine as the 'Social Infrastructure Deal of the Year' in Southeast Asia.

Proceeds from the loan helped PLDT expand its fiber optic cable network, enabling digital inclusion in fourth to sixth class municipalities and geographically isolated areas.

PLDT CFO Danny Y. Yu said the company remains committed to expanding its fiber network to better serve customers and support government efforts to narrow the digital divide.

As of March 2025, PLDT operates the largest fiber optic network in the country, covering 73% of municipalities and 91% of provinces, providing a strong backbone for Smart Communications' 4G/5G networks that cover 97% of the population.

The Asset Triple A Sustainable Infrastructure Awards honors institutions and investments supporting infrastructure development and economic growth across Asia.