BY VERONICA S. CUSI, Businessworld
THE PHILIPPINES was the second fastest-growing market for broadband worldwide in 2006, according to a study by UK-based research and consultancy firm Ovum.
This was primarily due, however, to the fact that broadband is just taking off in the country, and Ovum said growth could be significantly higher if regulators allow more competition that would lead to cheaper services.
Greece took the top spot in the study, and the other countries in the top ten list were Indonesia, India, Ukraine, Ireland, Thailand, Vietnam, Russia and Turkey.
Total broadband growth in the Philippines from 2005 to 2006 was at 157% while Greece’s was 168%, Datamonitor affiliate Ovum said. The Philippines had 127,942 subscribers in 2005 and this number grew to 329,216 as of end-2006.
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