#telco philippines

We've all been waiting for the entry of a third Telco player that can finally shatter the duopoly of Globe and Smart. The administration just ordered the existing Telcos, via the National Telecommunications Commission, to lower their interconnection rates from Php 2.50 to Php 0.50. This makes it possible for the third Telco player to enter the market at lower fees and also to lower the cost of services for consumers. The only condition is that the chosen entity must provide the best possible services at reasonably accessible prices - President Duterte A draft of the Terms of Reference for the third player is already present, which means its only a matter of time until we're finally introduced to a new Telco. We've already known since last year that a third telco player is entering the Philippines. Today, during an event in Malacañang, it was revealed that India has also expressed interest in entering the Philippine Telco space. [caption id="" align="alignnone" width="720"] Image by CNN Philippines[/caption] The Federation of Indian Chambers and Commerce Phils. Earlier today, Presidential Spokesperson Harry Roque said that President Rodrigo Duterte wants China to become the third telecommunications operator in the Philippines. Read more in our articles including "President Duterte's plan to resolve telco woes" and "India eyeing to enter PH Telco space".