THE Philippines is on the same level as Malaysia and India in terms of telecommunications industry maturity, a recently released global study found.
According to the annual Meta Group Telecom Maturity Model study, the Philippines has moved up from being an "underdeveloped" telecommunications market to one "developing with high potential for rapid evolution," said Lauro Vives, vice president and Philippine country head of the global technology research firm Meta Group during a briefing on Monday.
The study looked into the level of maturity of telecommunications infrastructure and policies of different countries in the Asia-Pacific region. Specifically, the study evaluated the degree of privatization (deregulation) of the telecommunications industry, the interconnection of networks, and availability of basic telecommunications services.
Based on the report, Vives said that current Philippine policies and telecommunications infrastructure had progressed way ahead of countries like Indonesia, Vietnam, and Thailand.
The Philippines received a "C1" rating which meant its telecommunications industry was considered less deregulated but with limited competition.
"The Philippines and (its) government has turned the corner to the evolutionary path to a more mature telecommunications industry," added Vives.