10 things you need to know about the Philippine mobile money market

Mobile phone penetration in the Philippines has far exceeded the population, with an estimated 107 out of 100 Filipinos owning a mobile phone at the end of 2013. And while the country has been in the mobile money space for more than a decade, the growth potential is still huge as the majority of the population still generally prefer to pay for products and services with cash. Local operator & MEF member, Smart Communications, is looking at mobile money solutions as one of the future growth opportunities for the company. Lito Villanueva is  Vice President & Head of Innovation, … [Read more...]

MEF in the Philippines: Mixing the Asian Carriers Conference

Linda Ruck

With the announcement that MEF is to hold an inaugural welcome Mixer in the Philippines during the Asian Carriers Conference next month, MEF Asia General Manager Linda Ruck takes a look at the unique market and discusses what makes it relevant to MEF and its members.Dynamic and fast paced, the Philippines mobile market has more than 100 million subscribers and a mobile penetration rate over 100%, with the mobile segment remaining central to the wider development of the country’s telecom sector.  At its peak more than two billion SMS messages were being sent every day, generating the largest … [Read more...]