Telco in the Philippines.
Hey, At least Internet is moderately faster than Afghanistan at only 3x Global Average Cost.
Voice per minute US$0.16 which is 3 times the price in developed economies with voice per minute US$0.06
Quality of Service Very Poor across all segments of society
Data cost is more than 3 times global average and the slowest in S.E.Asia.
By 2019 the Philippines telecom market size is forecast to reach $15 billion yet is one of the few remaining duopolies on earth. Philippine Long Distance Telephone (PLDT) and Globe Telecom effectively dominate the market in terms of access infrastructure and fiercely control the types of services that can be offered over their networks; complaints about poor service quality and inadequate investment in networks stems from a lack of competitive incentive. The Filipino telecoms market would benefit from increased competition at the services level.
Mobile users in the Philippines are rapid adopters of new technology and have been quick to embrace and engage in new services. The country is still in the rapid adoption phase for smartphones, and is mobile-first for internet. The Philippines’ telecoms market is characterized by a high level of mobile dependence and significant, unfulfilled potential.
The market presents a significant opportunity for a 3rd operator, looking at the propensity for social media, even with high data prices. Between 2012-2015 the EBITA of the existing duopoly was between 41% - 48%.