RP cellphone market to hit 30m this year

RP cellphone market to hit 30m this year

MANILA: The number of mobile telephones in the Philippines is expected to hit 30 million by the end of this year, Alcatel president Philippe Germond said Tuesday.

Germond, head of the French telecoms giant, said the Philippine market could become one of the major contributors to his company's growth in the Asia-Pacific region, adding that Alcatel would double its business in the region in the next three years.

Industry leaders estimate that there are about 25 million cellphones in use in the Philippines currently. -- AFP