24 Feb 2005
The Philippines’ National Economic and Development Authority (NEDA) has published a report revealing that it is highly in favour of the deregulation of the country’s voice-over-IP (VoIP) market. According to the body’s Director General Romulo L. Neri, the liberalisation of the sector will encourage foreign investment, spur growth, introduce competition and create jobs. There is currently some controversy in the country over who is actually allowed to provide VoIP, meaning that investors have been wary of investing in the sector. The telecoms regulator, the National Telecommunications Commission (NTC) is currently undertaking a series of hearings over the rules on VoIP.