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 GSMA highlighted the need to address high spectrum fees, outdated policies, and digital trust to support the country’s connectivity goals.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.
5G ADOPTION IN PHILIPPINES TO REACH 50% BY 2030
Latest from Business
The Department of Agriculture (DA) has approved the importation of live hogs, pork, and by-products from
The Philippines’ garment exports are projected to reach $1 billion this year, an 11-percent increase from
Shopee celebrates its 10th anniversary with the release of its first impact report, Shopee: A Decade
The Energy Regulatory Commission (ERC) is set to decide on the recovery of around ₱34.5 billion
The government’s ₱20 rice subsidy program is now available in all 82 provinces, fulfilling a key