How big is the Philippines Telecom Market?

The Philippines Telecom Market size is expected to reach USD 5.58 billion in 2024 and grow at a CAGR of 3.28% to reach USD 6.55 billion by 2029. Read More

What is the current Philippines Telecom Market size?

In 2024, the Philippines Telecom Market size is expected to reach USD 5.58 billion. Read More

Who are the key players in Philippines Telecom Market?

PLDT, Smart Communications, Globe Telecom, DITO Telecommunity and NOW Telecom are the major companies operating in the Philippines Telecom Market. Read More

What years does this Philippines Telecom Market cover, and what was the market size in 2023?

In 2023, the Philippines Telecom Market size was estimated at USD 5.40 billion. The report covers the Philippines Telecom Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Philippines Telecom Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Telecommunication Industry in the Philippines - Share, Size & Industry Analysis

Telecommunication Industry in the Philippines Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Philippines Telecom Market Analysis and it is Segmented by Services (Wired, Wireless), Data and Messaging Services, and OTT and Pay TV Services. The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

Philippines Telecom Industry Overview

The Philippines telecom market is highly fragmented in nature owing to the ongoing partnerships and recent advancements in the market. Some major players in the market studied include Smart Communications, Globe Telecom, DITO Telecommunity, and NOW Telecom.

March 2022: PLDT Inc. teamed up with global satellite operator Telesat to complete the first successful trials of high-speed broadband connectivity using the Canadian-based firm's Phase 1 Low Earth Orbit (LEO) satellite. Such initiatives are expected to help in offering high-speed mobile and internet services across urban and rural areas.
April 2022: Globe Telecom signed an MoU (memorandum of understanding) with AST SpaceMobile. This partnership aims to provide satellite broadband to standard mobile handsets in the Philippines.