5G ADOPTION IN PHILIPPINES TO REACH 50% BY 2030

The Philippines is projected to have 50% of its mobile connections using 5G technology by 2030, a significant rise from 6% in 2023, according to GSMA. The digital economy is expected to double to ₱5 trillion by 2030, contributing 27% of the GDP. Despite advancements, 45% of the population remains offline due to affordability issues, particularly in rural areas. GSMA highlighted the need to address high spectrum fees, outdated policies, and digital trust to support the country’s connectivity goals. Private telcos also emphasize the importance of upskilling the workforce and enhancing cybersecurity to foster digital growth.

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PhilNews24 | November 25, 2024

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