The Internet wave is observed to be catching on in the Philippines as more and more people are inclined towards connected to web not only on computers but also on mobiles.
The government of the Philippines has finally decided to include private telecommunications firms to run the controversial National Broadband Network (NBN) project. This plan is going to assist the economic growth as the broadband market is anticipated to serve 50 Million Filipinos by 2015, as per the news published by Inquirer.
As per industry experts, the falling cost of broadband, increasing uptake of online gaming and decreasing hardware prices has all worked as promoters for the increase in the number of people who use the Internet. In addition, more small-to-medium scale businesses (SMBs) and the increase of BPO industry are the reasons why the Internet sector in the Philippines is flourishing.
Other attractive and innovative technologies are also seems to be responsible for such an increase in Internet usage in the Philippines. Technology like (3G) mobile phones, latest systems like Windows Vista, increasing Wi-Fi zones, WiMAX areas and increased VoIP have increased in usage.
The status of living is also rising day-by-day in the country. The main reason for this is the education level. People are seen to be more attracted towards the telecom market where the latest gadgets and mobile sets can be found. The increase in mobile usage has made net surfing far easier while on the move. Primarily, the younger people of this country are more curious about net surfing on cell phones as mobile companies are introducing newer and faster broadband services.
Increase in online shopping is also promoting net surfing. People have now become more indolent. They would work for the entire week and would not feel like going to the markets during the weekend. Hence, they would use the Internet to buy what they want.
As per a Senior Research Analyst at RNCOS, “The rising economy of the Philippines has been a major cause for the sharp increase in the number of consumers who have high disposable income. There is a need for an increase in the speed of the Internet if it is to fulfill the requirements of their users. In addition to this, the country should consider opening the gates of its Internet sector to foreign investors. This will lead to not only an increase in the economy of the country, but also the competition. But the competition will be for good as it will encourage operators to upgrade the quality of their networks in the country.”
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