| Study Period | 2019 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Market Size (2025) | USD 5.76 Billion |
| Market Size (2030) | USD 6.77 Billion |
| CAGR (2025 - 2030) | 3.28 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Philippines Telecom Market Analysis
The Philippines Telecom Market size is estimated at USD 5.76 billion in 2025, and is expected to reach USD 6.77 billion by 2030, at a CAGR of 3.28% during the forecast period (2025-2030).
Most major telecom companies, such as PLDT, Smart Communications, Globe Telecom, DITO Telecommunity, and NOW Telecom, are based in the Philippines and promote innovation by making significant R&D investments consistently.
- To overcome the growing demand, the Philippine telecom industry made further strides in expanding its network capacity with fiber and wireless deployments. For instance, in April 2022, the Anti-Red Tape Authority affirmed its decision ordering the National Telecommunications Commission to extend the permit of Now Telecom Company to operate mobile telephone services and mobile and fixed wireless frequencies. Such initiatives will increase the demand for reliable and high-speed internet connectivity services.
- DITO Telecommunity deployed more than 30,000 km of fiber-optic cabling in June 2022 to link the country's three major islands and built over 5,500 mobile towers, connecting more than 600 cities and municipalities.
- In 2020, DICT(Department of Information and Communications Technology) introduced a five-year road map to improve connectivity in urban areas across the Philippines. This five-year road map aims to build cell towers and deploy high-throughout satellites for provinces such as Mindoro, Marinduque, Batanes, Romblon, Siargao, and Camiguin. Such initiatives are rising mobile internet subscriptions and growth in smartphone subscriptions that will bring new customers into the telecom market.
- For instance, Globe Telecom company extended the reach of its free GoWiFi service across 3,700 locations nationwide to meet the demand for reliable internet access in public areas. This project covers government sites, supermarkets, hospitals, airports, and schools across the city halls of Quezon, Mandaluyong, Bacoor, Puerto Galera, Davao, and Antipolo. Such initiatives across Wi-Fi solutions will bring growth opportunities for the telecom market.
- The outbreak of COVID-19 has significantly impacted production and supply chains globally. The telecom sector will likely experience an increase in mobile device production in the coming years. It may also be difficult for network operators to manage workflows when maintaining and upgrading existing infrastructure. Progress toward the 5G network is expected to impact the market's growth positively.
Philippines Telecom Market Trends
Growing Demand for Fixed Broadband Services
- Fixed broadband penetration will grow over the next five years, driven by the efforts from the operators and the government to expand broadband coverage across the country.
- In the coming years, most investment in the telecom sector will be focused on deploying fiber infrastructure in urban areas. For instance, PDLT is accelerating a network modernization program that migrates from copper to fiber. At the same time, there has been considerable progress in 5G developments.
- During and after COVID-19, most people preferred work-from-home mode, creating more demand for fixed broadband services. These fixed broadband services can provide high-speed internet services. Key players in the market are now focused on expanding their broadband services that support 5G networks. For instance, Sky Cable, a fixed broadband service provider, is planning to expand its fiber internet services across new areas.
- InfiniVAN, a fixed broadband service provider, partnered with SKY Perfect JSAT Corp. to deliver satellite broadband services across rural areas. The first site has been deployed on Batan Island in Batanes province in North Philippines and is currently being used for remote monitoring of wind-power generation facilities and to help resolve the digital divide in the surrounding rural areas.
- Globe Telecom reached 1.4 million fiber-to-the-home (FTTH) connections across the Philippines in 2022. The company's fiber capacity improved by 38.6%. Globe Telecom has partnered with InfiniVAN to construct a USD 150 million fiber cable network to boost mobile and broadband services. The construction of the fiber cable project covers a 2,500 km of Philippine Domestic Submarine Cable Network across remote locations such as Sorsogon, Masbate, Marinduque, Camiguin, Siargao, Boracay, and Zamboanga. Such initiatives are expected to increase the demand for fixed broadband services.
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Growing Demad for OTT Services
- Pay-TV penetration in the Philippines is projected to decrease over the next five years due to subscription loss across cable and DTH segments with the growing popularity of OTT (over-the-top) video services in the country.
- DITO Telecommunity Corp. plans to spend around USD 1 billion per annum to build thousands of cell sites across urban and rural areas. Such investments are expected to increase the demand for OTT services.
- Earlier this year, DITO Telecommunity reached the milestone of seven million active mobile subscriptions on its network. The increase in mobile subscriptions will significantly increase the demand for OTT services.
- The Phillippine telecom market is expected to grow significantly over the next five years with the rising adoption of OTT services. Smart Communication recorded 42.6 million active data users last year. For instance, Smart Communications partnered with Firstlight Media to provide its customers with improved OTT video services.
- OTT service providers such as Netflix, iflix, Viu, and Prime Video will further create new growth opportunities for the telecom market. The adoption of video streaming platforms is boosted by increasing demand for both local and international shows and video content.
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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.
Philippines Telecom Market Leaders
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PLDT
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Smart Communications
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Globe Telecom
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DITO Telecommunity
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NOW Telecom
- *Disclaimer: Major Players sorted in no particular order
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Philippines Telecom Market News
- March 2022: DITO Telecommunity launched a wireless home broadband service in select areas in the National Capital Region (NCR), Metro Manila. The 5G infrastructure will improve the revenue of the company.
- May 2022: PLDT announced plans to migrate from copper wire and hybrid-fiber broadband to full fiber by 2023. Furthermore, all users can migrate to full-fiber broadband services by the end of 2023.
- October 2022: Globe Telecom has deployed 252 5G-ready base stations in Mindanao. The ongoing 5G network deployment will create growth opportunities for the company.
Philippines Telecom Industry Segmentation
Telecom or telecommunication is the long-range transmission of information by electromagnetic means. The study on the Philippine telecom market includes an in-depth trend analysis based on connectivity like fixed networks, mobile networks, and telecom towers. The telecom services are divided into voice services (wired and wireless), data and messaging services, OTT, and PayTV services. Several factors, including an increasing demand for 5G, are expected to drive the adoption of telecom services.
The market sizes and forecasts are provided in terms of value (in USD million) for all the above segments.
| By Services | Voice Services | Wired |
| Wireless | ||
| Data and Messaging Services (Coverage to Include Internet and Handset Data packages and Package Discounts) | ||
| OTT and Pay-TV Services |
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Philippines Telecom Market Research FAQs
How big is the Philippines Telecom Market?
The Philippines Telecom Market size is expected to reach USD 5.76 billion in 2025 and grow at a CAGR of 3.28% to reach USD 6.77 billion by 2030.
What is the current Philippines Telecom Market size?
In 2025, the Philippines Telecom Market size is expected to reach USD 5.76 billion.
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.
What years does this Philippines Telecom Market cover, and what was the market size in 2024?
In 2024, the Philippines Telecom Market size was estimated at USD 5.57 billion. The report covers the Philippines Telecom Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Philippines Telecom Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Telecom in the Philippines Industry Report
Statistics for the 2025 Philippines Telecom market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Philippines Telecom analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
