Telecommunication, sometimes known as telecom, is the long-distance transfer of digital data using electromagnetic methods. The Philippine telecom industry report contains a detailed assessment of trends based on infrastructure such as fixed systems, wireless networks, and telecom towers. Voice services (wired and wireless), multimedia and text message services, and Tele-Over-the-Top are a few types of telecom services. Let’s check out the ten best telco companies in the Philippines this year!
Telco Market in the Philippines
The country’s telco market is estimated to increase at a CAGR of 3.28% during the forecast period (2023-2028), worth USD 5.40 billion in 2023 to USD 6.34 billion by 2028. Most major telecom firms, such as PLDT, Smart Communications, Globe Telecom, DITO Telecommunity, and NOW Telecom, are established in the Philippines and regularly invest in research and development.
Market Trends
Increased Demand for Fixed Broadband
The majority of telecom funding in the future years will be concentrated on constructing fiber connectivity in metropolitan areas. Fixed broadband availability will rise over the next five years as companies and lawmakers work to expand access to the web across the country.
5G Networks
Most individuals favored working from home during and after COVID-19, resulting in greater demand for stationary internet access. These fixed broadband systems are capable of providing high-speed internet access. Key industry companies are currently focusing on extending their internet offerings to enable 5G networks.
High Demand for OTT
Pay-TV saturation in the Philippines is expected to fall throughout the next five years as a result of lower preference towards cable services. With the increasing usage of OTT, the Philippine telecom industry is predicted to develop dramatically within the next five years.
Last year, Smart Communication had 42.6 million data-intensive users. Online video services such as Netflix, IFLIX, Viu, and Prime Video will significantly expand the telecom market’s development potential. The growing demand for both national and global entertainment and media drives the growth of streaming video platforms.
Top Telco Providers
PLDT – Smart LTE
PLDT, or the Philippine Long Distance Telephone firm, is the country’s strongest and most successful telecommunications firm. With origins extending back to 1928, the group boasts an extensive history of supplying the Filipino people with sophisticated and dependable services for communication.
The company now provides a diverse variety of services, comprising fixed-line and mobile telephony, fiber internet services, and electronic solutions. The firm has a huge network architecture that reaches the entirety of the Philippines, allowing users to stay interconnected throughout the most distant locations.
Areas of Coverage
- Nationwide
Globe Telecom
This telco company is one of the Philippines’ biggest telecommunications firms. It began operations in 1935 and has spent more than 80 years at the cutting edge of the nation’s digital age. Globe Telecom provides an extensive variety of offerings and services, spanning wireless and fixed-line telephone service, internet surfing, and technology solutions.
The firm is dedicated to sustainable and social accountability, and it has been named among the most ethical and environmentally friendly companies in the country. It has undertaken a variety of steps to lessen its adverse environmental impact and foster social growth, including lowering its greenhouse gas emissions, promoting healthcare and educational initiatives, and giving communities greater power.
Areas of Coverage
- Nationwide
DITO Telecommunity
The DITO Telecommunity, founded in 1928, is a partnership involving Davao-based entrepreneur Dennis Uy’s Udenna Corporation along with its affiliates Chelsea Logistics Holdings Corp and China Telecom. The company aims to deliver speedy, low-cost internet and fiber services to Filipinos, bridging the country’s digital divide.
This telco company has spent extensively developing a cutting-edge communications system involving the establishment of cell towers and fiber-optic connections around the nation. The business has over 2,000 cell sites countrywide, representing 37% of the Philippine population.
Areas of Coverage
- Metro Manila
- Cebu City
- Rizal
- Davao
Converge ICT Solutions
Converge ICT’s home internet solutions provide consumers with a bandwidth of as high as 150 Mbps and a no-data cap, ensuring flawless and continuous online access. The range of services offered by the organization appeals to business enterprises of all sizes, providing tailored solutions to assist them in fulfilling their objectives and expectations. Among these include specific internet access, MPLS VPN, and cloud computing services.
As a whole, Converge ICT has solidified itself as a market leader in the Philippine telecommunications business, offering reliable services and creative solutions to satisfy the changing demands of its consumers. Converge ICT, which began operations in 2007, has evolved into one of the country’s top suppliers of fiber-optic broadband connectivity, with a network that spans over 30,000 kilometers of optic fiber countrywide.
Areas of Coverage
- Metro Manila
- Calabarzon
- Central Luzon
- Bicol Region
- Ilocos Region
NOW Corporation
Founded in 1996 as MF Schroder & Co., a securities trading firm, NOW Corp has since grown to include multiple subsidiaries focused on supplying communications and digital technology services and products through software licensing and services, IT labor and assets augmentation, and internet connectivity and wireless satellite TV programs.
Areas of Coverage
- Metro Manila
- Calabarzon
Sky Cable
Since bringing satellite television to Filipinos in 1990, SKY has emerged as a market leader in pay TV and broadband services that provide rich content that entertains, educates, inspires, and provides experiences to Filipinos. It now reaches rural and urban areas via SKY Fiber and SKYcable.
SKY Fiber is a rapid internet connection that extends outside the house. Another one of their major services is SKYBIZ. It is a corporate and industrial branch that serves the business community by providing multimedia (SKYcable) and networking (SKY Fiber) solutions for any enterprise of all kinds.
Areas of Coverage
- Metro Manila
- Cebu City
- Bacolod City
- Iloilo City
- Davao City
Transpacific Broadband Group Inc.
The primary objective of TBGI is to provide fast internet access to consumers everywhere in the Philippines. The corporation manages and owns a massive fiber optic infrastructure that connects major cities, towns, and even distant places across the country. The TBGI network is well-known for its dependability and effectiveness, thus making it an attractive option for both businesses and individuals looking for lightning-quick and dependable online access.
The company takes confidence in its dedication to delivering great assistance to clients. Its group of highly qualified and knowledgeable experts is on call throughout the clock to aid consumers anytime they require it. The firm also makes significant investments in revolutionary technology and infrastructure to ensure that its clients constantly have a connection to leading-edge information technology capabilities.
Areas of Coverage
- Pampanga
- Davao City
Finally, the Philippines’ telecommunications market is extremely aggressive, with numerous businesses supplying an array of products. While there are other participants in the industry, the two largest telecommunications firms in the Philippines are PLDT and Globe Telecom.
These firms are still continuing to make significant investments in innovative technologies and new services, guaranteeing that they stay at the pinnacle of the industry. It will be fascinating to observe how these organizations adjust and keep up with the shifting needs of the people they serve as the business sector evolves.
