Technology, Media & Telecoms is one of the fastest-growing economic sectors and a major innovator, with important spillover effects on all other industries. It is both a source and a carrier of knowledge, supporting the acquisition and building of innovation capabilities in individuals, businesses and public organisations. In today’s era of digital transformation, emerging disruptive technologies and new business models, the Technology, Media & Telecoms sector creates new markets, improves operating performance and brings about efficiency gains and economies for the entire society.
Activities associated with Technology, Media & Telecoms are the manufacturing of semiconductors, electronic components and optical media, and production of a variety of hi-tech consumer goods, such as computers, laptops and mobile phones. It also includes media publishing, software development, motion picture and sound recording, and radio and television broadcasting. Telecommunications, data processing, networking and internet services are also part of this industry.
The Philippines is a young nation with rising data needs - a key growth driver for the telecommunication sector and especially for its fixed broadband sub-sector. The government's initiatives to expand digital penetration, recognising it as an ...
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According to the Philippine Statistics Authority, the gross value added (GVA) of the digital economy, which comprises digital-enabling infrastructure (77.2%), e-commerce (20.0%), and digital media/content (2.8%), stood at PHP 2.08tn, contributing 9 ...
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The Gross Value Added (GVA) of the information and communication sector in the Philippines in 2021 stood at PHP 639.0bn, an increase of 9.1% y/y. The Philippine ICT market was given impetus by the COVID-19 pandemic, stronger competition in mobile ...
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The ICT sector of the Philippines is witnessing changes owing to government support and heightened competition. The COVID-19 pandemic which led to a surge in demand for data, exposed the inadequacies in the digital infrastructure ...
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The mobile telephony subsector is set to undergo a big change, as the current duopoly of PLDT Inc and Globe Telecom Inc will be challenged by the entry of a third player, DITO Telecommunity Corp. On the back of this development, this subsector has ...
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While the Philippines has a well-deserved international reputation for its prowess in providing outsourced ICT services, the remainder of the ICT sector in the country remains at an early stage of development when compared with that in many other ...
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