Mobile market Considered one of the most profitable industries, telecoms have emerged in the country due to it becoming a necessity and its product life cycle.Tiglao, Rigoberto, “Colossal deception : how foreigners control our telecoms sector : a case study of corruption, cronyism and regulatory capture in the Philippines”, p. 7, Strong Republic Books and The Manila Times Publishing Corp., 2016, The mobile market of the Philippines has been run by the duopoly of Smart together with Globe Telecom. The two companies have a very tight hold on the industry but they continue to fight for more subscribers and they are in a race to introduce new services. However, both still lost subscribers during 2017 as the market went through consolidation.
MOBILE maRkEt cOnsiDeRed onE of tHe MosT PrOFITABlE iNdustRies, TeleCOms hAVe EMeRgeD in The coUnTrY dUe to it becoMING a neceSsitY and iTs prodUcT life CyCle.tiGlao, rigobeRto, “CoLossal DeceptiON : how fOreIgNeRs control ouR telecOMs sectOr : A CasE study of coRruPtion, cRonyisM aNd regulatory cAptuRE iN tHe PhiLIPpinEs”, p. 7, strong rePubLic bOOKs and The manIla timeS PUblishING cOrp., 2016, tHe Mobile markET of tHE pHiLippINes has been Run By The dUopoly of smart TogEther wIth gloBE Telecom. thE twO CompANIes HaVe A vErY tIGHt hold On thE iNdUsTry bUt they contiNue to fight FoR moRe sUBscribErs AND thEy arE in A raCe tO INtroduce new services. howEVEr, bOtH Still loSt SUbSCribers dUring 2017 as tHe marKEt wENt ThroUGh ConsOlIdAtION.