PLDT buys outsourcing firm

29.05.2006

'The addition of SPI into ePLDT will broaden our participation in the promising BPO sector, which industry analysts forecast to grow at a compounded annual growth rate of 9.2% in the next 4 years,' said PLDT president Napoleon Nazareno.

According to PLDT, SPI is the second largest pure-play BPO business process outsourcing ('BPO') company and the ninth largest independent BPO service provider worldwide.

The acquisition of SPI is meant to boost PLDT's expansion into BPO and provide marketing presence for ePLDT's Ventus call center group in North America and other regions where SPI operates.