DITO Telecommunity's launch won't trigger price war
The top executive of Globe Telecom said the entry of Dito Telecommunity in March will not trigger a "price war" on mobile internet.
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Globe exec says telco services offered at lower prices
This as consumers have been enjoying lower rates for telco services, Globe CEO Ernest Cu said during a recent briefing.
My own opinion is that probably there won't [be a price war] given the fact that prices are very low, Cu said.
The company said in September 2020 the price per GB it offers to its prepaid customers is among the "lowest" in the ASEAN region. Its new Go prepaid promo offers PHP 11.25 per GB, more affordable compared to Thailand (PHP 190.59), Singapore (PHP 35.60), and Indonesia (PHP 190.59).
Aside from mobile data, the country has now cheaper broadband service. A survey conducted by Cable.co.uk showed that the country ranked 18th out of 42 Asian countries in terms of the average cost of broadband at USD 0.75, which is also "way below" the global average among 211 countries measured.
The average cost of broadband packages offered by local carriers is USD 53.71, lower than the global average of USD 78.14.
The new challenger to PLDT and Globe, DITO Telecommunity, which is backed by Davao's Dennis Uy and China Telecommunications, is set for commercial launch this March.
Sources: Philippine Daily Inquirer, BusinessWorld
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