The telecommunications landscape in the Philippines has witnessed a significant shift as wireless telecommunications emerges as a potent challenger to the entrenched traditional broadband duopoly.
The study emphasizes the significant rise in internet penetration rates from 67 percent to 73 percent underscores the increasing significance of digital connectivity in today’s world. Despite this growth, the existing market structure, dominated by a few major players, fails to adequately meet the growing demand.
Experts suggest that unlocking this potential lies in implementing strategic policies, such as open access and improved spectrum management. These initiatives are envisioned to foster efficiency, drive innovation, encourage healthy competition, and promote inclusivity within the digital economy ecosystem.
The findings shed light on a crucial aspect of the country’s digital infrastructure – affordability. Despite strides in expanding internet access, particularly in urban areas, the accessibility of high-speed internet remains a challenge for many Filipinos, especially in rural and remote regions. The high cost of fixed broadband services further exacerbates this digital divide, limiting opportunities for socio-economic advancement and hindering inclusive growth.
Scalability, as demand grows, wireless networks can swiftly adapt. They’re the lifelines for smart cities, IoT devices, and the digital economy.