Annual Information Service
Philippines Telecommunications Q2 2020
|Published by||Fitch Solutions, Inc.||Product code||231377|
|Published||annual subscription||Content info||50 Pages|
|Philippines Telecommunications Q2 2020|
|Published: annual subscription||Content info: 50 Pages||
We remain neutral on prospects in the Philippines' telecoms market. While the market is substantial and there is a significantly large youth population, low-margin prepaid services continue to dominate, and operators are struggling to raise prices owing to poor service quality. We do not forecast the launch of 5G services to provide a large boost to the mobile market in the short term, with the opportunity being more significant for the fixed-wireless broadband market. The new entrant, Dito Telecommunity, will likely focus on price to generate subscription growth, although a more realistic scenario is for consumers to take out an additional SIM, further inflating the balance sheets of operators.