Mobile Subscriber Growth in the Philippines Experiencing a Slowdown

Dublin, Ireland, August 12, 2011--Mobile subscriber growth in the Philippines is experiencing a slowdown due to the fact that the market is approaching saturation, according to the latest Research and Markerts report entitled: "Philippines Telecommunications Report Q4 2011." This report incorporates the latest figures provided by the Philippine Long Distance Telephone Company (PLDT), Globe Telecom and Digital Telecommunications Philippines (Digitel) into the forecast scenarios, with minor changes in mobile and ARPU expectations.