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Philippines - Telecoms, Mobile and Broadband - Statistics and AnalysesLONDON, Nov. 15, 2018 /PRNewswire/ -- The Philippines prepares for the transition from 4G to 5G PDLT’s ongoing nationwide fibre-optic rollout program, has already set up a number of so-called 'PLDT Smart City’ areas. In 2018 a consortium of Filipino-Chinese developers were scheduled to begin work on an extensive smart city project that will give rise to a mixed-use development off the coast of Manila. A feature of the Philippines mobile market has been the near duopoly with Smart together with Globe Telecom maintaining a tight hold on the industry. The two leading providers continue to battle to win subscribers and introduce new services, and both lost subscribers during 2017 as the market went through consolidation. Mobile ARPU levels have been on a downward trend for a long time in the Philippines as competition in the mobile industry has intensified. The operators continue to engage in aggressive price competition in an effort to grab market share. The Philippines has seen a very rapid increase in mobile broadband penetration over the past five years driven by a rising level of wireless broadband users. Strong growth is predicted over the next five years to 2023, however at a slower and declining rate as the market further matures. The Philippines is already preparing for the move from 4G to 5G. PLDT Inc. has set up what it is calling a '5G technolab’ into the research and development of the next generation platform and Globe Telecom announced its intention to launch 5G services in the Philippines by the middle of 2019. Key Developments Telecommunications investment will continue to support high speed broadband access. The fixed line market in the Philippines remains underdeveloped. Globe Telecom is now challenging PLDT in both the fixed and wireless markets. Fixed broadband penetration remains relatively low but is growing strongly from a small base. DICT has published its draft terms of reference for the selection of a New Major Player (NMP). An extensive smart city project off the coast of Manila is scheduled to begin. The Philippines has seen a rapid recent increase in mobile broadband penetration. Mobile subscriber growth is expected to be relatively low over the next five years to 2023. The Philippines is already preparing for the move from 4G to 5G Key companies mentioned in this report: PLDT, Smart Communications, Globe Telecom, Liberty Telecom, Bayantel, Bell Telecom (BellTel), Digitel, Eastern Telecom (ETPI), Innove (Globe), PT&T, ABS-CBN Corp, Broadband Philippines, Vega Telecom, Extelcom. Download the full report: https://www.reportbuyer.com/product/5492736 About Reportbuyer Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers For more information: Sarah Smith Research Advisor at Reportbuyer.com Email: [email protected] Tel: +1 (718) 213 4904 Website: www.reportbuyer.com View original content:http://www.prnewswire.com/news-releases/philippines---telecoms-mobile-and-broadband---statistics-and-analyses-300751639.html SOURCE ReportBuyer |