{"id":329252,"date":"2024-09-02T01:24:19","date_gmt":"2024-09-01T17:24:19","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=329252"},"modified":"2024-09-02T01:24:20","modified_gmt":"2024-09-01T17:24:20","slug":"trade-the-news-smart-telco-reports-surging-demand-for-5g","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/trade-the-news-smart-telco-reports-surging-demand-for-5g\/","title":{"rendered":"Trade the News: Smart Telco reports surging demand for 5G"},"content":{"rendered":"\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Potential Impact of this News<\/strong><\/td><td><strong>POSITIVE on the stock price<\/strong><\/td><\/tr><tr><td><strong>Company<\/strong><\/td><td>PLDT Inc.<\/td><\/tr><tr><td><strong>Stock Code<\/strong><\/td><td>TEL<\/td><\/tr><tr><td><strong>Long-term Recommendation on the Stock<\/strong><\/td><td>Buy<\/td><\/tr><tr><td><strong>1-Year Target Price<\/strong><\/td><td>PHP 1,762.00<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<div style=\"height:26px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>Smart Communications, a subsidiary of PLDT Inc. (TEL), said it is expanding its 4G\/LTE and 5G networks to meet the surging demand for mobile data as more Filipinos adopt 5G-enabled devices.<\/p>\n\n\n\n<p>\u201cTo accelerate our growth momentum, we must leverage on our site roll outs and capacity enhancements, continue to offer the best value-for-money packages, and deliver excellent customer service to delight our subscribers,\u201d said Alex Caeg, head of consumer wireless business at Smart.<\/p>\n\n\n\n<p>\u201cIncreasingly, data users, including gamers, are beginning to appreciate the power of 5G. Moving forward, 5G will definitely play an important role as compatible smartphones become more affordable,\u201d he said.<\/p>\n\n\n\n<p>The company said the increase in the number of unique 5G devices driving data traffic continues into 2024 and expects this to be sustained as the price of 5G devices trends lower.<\/p>\n\n\n\n<p>PLDT also cited 5G adoption as one of the emerging growth streams of their individual business, which posted revenues of P41.9 billion in the first half of 2024. Mobile data revenues now account for 89 percent of total Individual Wireless revenues.<\/p>\n\n\n\n<p>\u201cFor Smart, the move toward 5G entails a combination of three things. Firstly, it is about having a strong 5G network in key areas to support the mobile data needs of subscribers there. Second is the availability of 5G devices, which are necessary in order to latch on to the 5G network,\u201d said Kristine Go, senior vice president for Smart consumer wireless business.<\/p>\n\n\n\n<p>\u201cToday, we can already see a mix of high-end and affordable devices in the market, and we want to be able to leverage that. Finally, we see the potential of premium subscriber benefits for those using the 5G network,\u201d she said.<\/p>\n\n\n\n<p><em>(News Source: <a href=\"https:\/\/manilastandard.net\/business\/314490256\/smart-reports-surging-demand-for-5g-network.html\">Manila Standard<\/a>)<\/em><\/p>\n\n\n\n<div style=\"height:26px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p style=\"font-size:16px\"><em><em><em>This report is prepared by PinoyInvestor\u2019s partner broker below. Find out more about <a href=\"https:\/\/www.pinoyinvestor.com\/smartinvestor\/our-partner-brokers\/\">our partner brokers<\/a> and sign up to avail their complete trading brokerage services.<\/em><\/em><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Take advantage of the price opportunity that might arise when the news hits. Trade the news!<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1371],"tags":[],"class_list":["post-329252","post","type-post","status-publish","format-standard","hentry","category-trade-the-news","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/329252","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/comments?post=329252"}],"version-history":[{"count":1,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/329252\/revisions"}],"predecessor-version":[{"id":329254,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/329252\/revisions\/329254"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=329252"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=329252"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=329252"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}