PHL must prioritize faster Internet speeds for economic growth | BusinessMirror Editorial

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The Internet has undeniably become a powerful catalyst for economic growth. It has revolutionized industries, empowered businesses, and enhanced the lives of individuals by providing access to information, services, and opportunities.

However, recent data showing a decline in mobile Internet speeds in the country is cause for concern and requires urgent attention.

Makati City Rep. Luis Campos Jr.’s response to this decline is both timely and justified. Campos rightfully highlights the inadequacy of telecommunication companies in improving their networks to meet the growing demands of the digital age. His proposed legislation, House Bill 10215, seeks to classify high-speed Internet connection as a basic telecommunication service rather than a value-added service.

Furthermore, the comparative rankings among Asean members highlight the need for the Philippines to catch up with its regional counterparts. While it is commendable that the Philippines ranks sixth among the 10 Asean members, it is imperative to strive for higher positions. Brunei, Singapore, Malaysia, Vietnam, and Thailand have all surpassed the Philippines in terms of average mobile Internet speeds.

 

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