PLDT acquires BPO firm SPI for US$135M

13.07.2006

'SPi's well-established presence in the US and its domain expertise in a variety of service verticals will give us a unique opportunity to increase our participation in the growing base of the global outsourcing and off-shoring market,' Espinosa added.

According to PLDT, SPi is the second largest 'pure-play' BPO (business process outsourcing) company and the ninth largest independent BPO service in the world. SPi has operations in 19 locations in North America, Europe and Asia.

Its customers include Fortune 100 companies, non-profit organizations and government agencies in the financial services, healthcare, legal and publishing markets. SPi operates facilities in the Philippines, India, U.S., China and Vietnam.