Fitch: Affordable handsets needed for 5G takeoff

AFFORDABLE Fifth Generation (5G)-enabled devices must be in place before telecommunications firms in developing economies, like the Philippines, could capture the masses with prepaid 5G service, Fitch Ratings said.

In a report released on Tuesday, the debt watcher said industry giant Globe Telecom Inc. was initially tapping the household market, allowing it to bolster its position in the fixed-broadband space.