Philippine Telecom Market Forecast to Grow at a CAGR of 4.8% through 2013, Pyramid Research finds

CAMBRIDGE, Mass., Jan. 29 /PRNewswire-FirstCall/ -- The Philippine telecommunications services market generated US$5.6 billion in 2008 and is expected to grow at a CAGR of 4.8 percent in (5.8% in local currency terms) during the 2008-2013 period, according to a the latest Country Intelligence Report from Pyramid Research (www.pyr.com), the telecom research arm of the Light Reading Communications Network (www.lightreading.com).

Communications Markets in the Philippines provides a precise, incisive profile of the converged telecommunications, media, and technology sectors in the Philippine market, based on proprietary data from Pyramid Research's country-by-country research. The 26-page report analyzes the competitive landscape of the Philippines and offers scenarios for growth across new technologies and services such as WiMax, IPTV, and VoIP by assessing existing and emerging business models. Communications Markets in the Philippines is available online here: http://www.pyramidresearch.com/store/CIRPHILIPPINES.htm?sc=PRCIR012709LR_PHI

"2009 will be a difficult year for the Philippine market when measured in U.S. dollar terms, given the combined effects of the peso's expected devaluation against the U.S. dollar and continued pressure on voice tariffs," notes Leslie Arathoon, Vice President of Research at Pyramid Research and author of the report. "Pyramid expects the proliferation of 3G and wireless broadband technologies such as WiMax to boost revenue again in 2010, with the fastest growth coming from VoIP services (32.8% service revenue CAGR between 2008-2013), fixed broadband services (16.2% CAGR), and mobile data (9.6% CAGR)."

"Philippine mobile subscriber uptake is relatively modest for Southeast Asian standards, as penetration stood at 75 percent in late 2008, putting it ahead of neighboring markets such as Indonesia and Vietnam yet behind Thailand and Malaysia," Arathoon says. "Despite its rather unimpressive penetration level, the Philippines is known to be home to the world's most prolific users of SMS service -- in 2008, SMS usage reached nearly 400 messages per month, compared with average MOU of less than 30 minutes per month."

Communications Markets in the Philippines is part of Pyramid Research's Asia Pacific Country Intelligence Report Series. Pyramid Research's premium Country Intelligence Reports are the industry's best available analysis on market trends, regulatory environments, and competitive dynamics for 60 countries worldwide. Communications Markets in the Philippines is priced at $990 and can be purchased online here: http://www.pyramidresearch.com/store/CIRPHILIPPINES.htm?sc=PRCIR012709LR_PHI or through Dave Williams via email at dave.williams@pyr.com or by telephone at +1 858-485-8870.

For more information about Pyramid Research's products and services, please visit www.pyr.com or contact us at info@pyr.com.

About Pyramid Research

Pyramid Research (www.pyr.com) offers actionable solutions to the complex demands our clients face in the telecommunications, media and technology industries. Our analysis is uniquely positioned at the intersection of emerging markets, emerging technologies and emerging business models, powered by the bottom-up methodology of our market forecasts for over 100 countries-a distinction that has remained unmatched for over 20 years. As the telecom research arm of the Light Reading Communications Network, Pyramid Research works with Heavy Reading, providing the communications industry's most comprehensive market data, trusted research and insightful technology analysis.

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Founded in 2000, Light Reading (www.lightreading.com) is the leading online media, research, and focused event company serving the $3 trillion worldwide communications market. Lightreading.com is the ultimate source for technology and financial analysis of the communications industry, leading the media sector in terms of traffic, content, and reputation. Light Reading's research arms, Heavy Reading and Pyramid Research, provide the most comprehensive communications research, market data, and technology analysis in close to 100 markets around the world. Light Reading produces nearly 20 targeted communications events including TelcoTV, Ethernet Expo New York and Ethernet Expo London, The Tower Summit @ CTIA, and Optical Expo, as well as focused one-day events tailored for cable, mobile, and wireline executives. Light Reading was acquired by United Business Media in August 2005 and operates as a unit of TechWeb.

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SOURCE: Pyramid Research

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