Oligopoly and Intensifying Competition Risks in the Philippine Telecommunications Market
First written in FY2018. 4 of 6 entries say "Worsened", first in FY2020. Latest entry: 2026-05-08.
No other company in this theme has enough history to compare yet.
- 2026-05-08WorsenedEarnings forecast revision
「The Konektadong Pinoy Act, enacted in 2025 to strengthen digital connectivity infrastructure in the Philippines, is expected to accelerate the entry of emerging telecommunications operators in regional areas, and we expect our customer base to expand further.」
The company indicated that the new law is expected to accelerate the entry of emerging regional telecommunications operators, making the change in the competitive environment more concrete. - FY2025WorsenedAnnual report
「Competitors are also strengthening their competitiveness, including through the joint use of telecommunications cables by Converge ICT Solutions, Inc. and Dito, the third mobile network operator, and intensifying competition may affect the Group's financial position, operating results and other aspects of its business.」
In addition to the possibility of new entrants following the removal of foreign ownership restrictions, the company disclosed specific measures by competitors to strengthen their competitiveness, including the joint use of telecommunications cables by Converge and Dito. - FY2022WorsenedAnnual report
「As the telecommunications business has also been removed from the scope of foreign ownership restrictions, the company expects new competitors to enter the market in the future and recognizes that investment over the next several years will be important for future business expansion.」
The company disclosed that, in addition to competition from the 2 major operators, Dito and others, new competitors are expected to enter the market following the removal of foreign ownership restrictions in the telecommunications sector. - FY2020WorsenedAnnual report
「To address these adverse effects, the Philippine government took the lead in launching the third mobile network operator, Dito Telecommunity Corporation (hereinafter, Dito).」
In addition to the oligopoly and competition risks posed by the existing 2 major operators, the company describes the launch of the government-led third mobile network operator, Dito, thereby specifying the changes in the competitive environment. - FY2019RestatedAnnual report
「In the Philippines, 2 competitors of the Group provide telecommunications services on an oligopolistic basis.」
The company reiterates the competition risks involving the oligopoly of the 2 major operators, PLDT and Globe, the strengthening and acquisitions of existing major operators, and new entrants. - FY2018First statedAnnual report
「In the Philippines, 2 competitors of the Group provide telecommunications services on an oligopolistic basis.」
Assuming an oligopoly dominated by 2 major operators, the company identifies the strengthening of existing major operators, further consolidation through acquisitions and new entrants resulting from deregulation as risks.