PH seen as fastest-growing enterprise telephony market in Asia
11/27/2012
MANILA, Philippines - The country's enterprise telephony market is foreseen to be the fastest-growing in the Asia-Pacific region, communications services provider DTSI Group said in a statement.
"Despite the turbulent global economy leading to reduced telephony spend in general, the $497.9-million Asia-Pacific regional market is expected to grow by almost US$2 million by end of 2012, a modest but positive growth rate of 6.2% over the past year. Within the region, the Philippines is the fastest-growing market," DTSI Group said, quoting a study by Frost & Sullivan.
The study showed the Philippines' enterprise telephony market, currently estimated to be worth $8 million, expanded by an annual 24% in the first half of the year, DTSI Group said.
"Growth in telephony in the Philippines reflects the positive spending outlook and the overall thriving economy of the Philippines as well as the impact of the booming IT-BPO industry on telephony," Miguel Garcia, president and chief executive officer of the DTSI Group, said in the statement.
DTSI Group, a member of the NTT Communications Group, is a provider of communications facilities, services and technology.
The study showed the Philippines' enterprise telephony market, currently estimated to be worth $8 million, expanded by an annual 24% in the first half of the year, DTSI Group said.
"Growth in telephony in the Philippines reflects the positive spending outlook and the overall thriving economy of the Philippines as well as the impact of the booming IT-BPO industry on telephony," Miguel Garcia, president and chief executive officer of the DTSI Group, said in the statement.
DTSI Group, a member of the NTT Communications Group, is a provider of communications facilities, services and technology.
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