MANILA, The Philippines-Growth in the Philippine wireless sector is seen to subside by year-end, yet there is still space for new players as many subscribers continue to subscribe to more than one operator, according to a study by Westlink Global Equities, a locally based stockbrokerage firm.
In particular, the cellular market is already approaching the so-called saturation point, but the multiple subscriber identity module (SIM) card phenomenon is helping growth continue. It added that while a one-SIM card basis will soon reach its peak, it will take another one and a half to two years before the market is saturated on a multiple SIM card basis.
Similarly, cellular growth in the Philippines will most likely slow down in the remaining half of the year after reaching a penetration rate of 14 percent as of end-2001.
