Press Release

Smart awarded Mobile Operator of the Year by Asian Mobile News

Photo shows Smart President and CEO Napoleon L. Nazareno receiving the award for Mobile Operator of the Year-Philippines from Asian Mobile News President and Editor-in-Chief Timothy Charlton during the 5th Asian Mobile News Awards in Singapore.

[June 23, 2008/ Manila] - Leading wireless service provider Smart Communications was cited as the Mobile Operator for The Year 2008 – Philippines in the 5th Asian Mobile News Awards in Singapore.  The award was given by the Asian Mobile News, a leading cellular industry magazine in Asia which organizes the annual awards for the top mobile operators and handsets in Asia.

It was the second time that Smartwas recognized as the country’s mobile operator of the year, having first received the award during the Asian Mobile News Awards 2005.

Speaking at the awarding ceremonies last Thursday, Smart President and CEO Napoleon L. Nazareno said that in its 15 years of operations, Smart has “led the way in putting mobile phones in the hands of more Filipinos than was previously thought possible by virtually all industry analysts.”

“We’ve done this through world-first innovations that enabled us to sell profitably to people whose low income levels had previously excluded from using cellular phones,” he added.

In the late 1990s, the conventional wisdom among industry analysts was that mobile phone penetration in the Philippines could not exceed 20-25% on account of the country’s relatively low per capita incomes. By end-2007, however, over 60% of Filipinos had become mobile phone users.

Nazareno attributed the Philippines’ success in promoting the usage of mobile phones to the introduction of various innovations in cellular technologies and business models. He cited the introduction of prepaid services in the 1990s which Smart has aggressively promoted. “This innovation opened the door to just everyone – students, housewives, employees, blue collar workers, farmers, fishermen and families of overseas worker,” he said.

Prepaid services were further enhanced when Smart introduced micro-tops through electronic loads – or Smart Load – in 2003. The sachet size of airtime tops in Smart Load – now as low as P10 per load – has made mobile phone services affordable for many more low-income subscribers. At the same time, eload has helped drive down the cost of providing mobile services, thus enabling Smart to profitably serve the low-income market.

Nazareno also said that the company’s investments in IT technologies has led to the development of prepaid and mobile commerce platforms that has allowed Smart to offer services that address the needs of the different segments of its subscriber base. 

These include service packages that offer various combinations of text and voice call offers, more affordable and convenient remittance services in partnership with leading and reputable banks here and abroad, and more affordable and widely available broadband Internet access services.  @