Analysts see mixed outlook for PHL ICT, telco firms

PHILIPPINE telecommunications and information and communications technology (ICT) companies are expected to face challenges in the second half of the year due to increased competition and ongoing technological investments, but sustained demand for data services, lower borrowing costs, and the growth of adjacent services could help mitigate these challenges, according to analysts.

Analysts see mixed outlook for PHL ICT, telco firms
PHILIPPINE telecommunications and information and communications technology (ICT) companies are expected to face challenges in the second half of the year due to increased competition and ongoing technological investments, but sustained demand for data services, lower borrowing costs, and the growth of adjacent services could help mitigate these challenges, according to analysts.