Synopsis
Archived report: this report was archived in October 2010 and has not been updated since early 2010. Formerly a monopoly market of the Philippines Long Distance Telephone Company (PLDT) overseen by the government, the Philippines telecommunications industry is now highly competitive following the dismantling of the exclusive regime and opening it up to other telecom companies in 1993. As a result of deregulation, ten new companies entered the market to challenge the former incumbent, PLDT, fixed-line costs began to fall and nationwide teledensity improved markedly. However, PLDT remains the nation’s principal domestic and international fixed-line provider and continues to operate the most extensive nationwide domestic fibre optic network and microwave long-distance network.
