Glentel Inc GLNIF

They sure have alot of cell phones

[Houndtrader]

Maybe this is why we moving into that country

 

https://en.wikipedia.org/wiki/Philippines#Communications

[mjh9413]

68MM out of estimated TOTAL  popn of 95MM in 2011 and probably less than 90MM in 2008, the date in Wiki. WOW INDEED but it does not sound right really seeing as they are saying they have 10%+ annual growth rate now. Doesn't dampen my enthusiasm about the move though.

[mjh9413]

Thought I'd see the source of that disproportionate number and I see the source refers to about 34MM subscribers and breaks down to about 25MM Smartphones, the rest talk and text..much more meaningful numbers. (The almost 70% number referred to sales of SIM cards in 2008??