Manila, Sept. 4 -- A study by BMI, a Fitch Solutions unit, dubbed the "Konektadong Pinoy (Connected Filipinos)" law "the most radical overhaul of the country's technology and telecoms legal framework."

In a market report dated Sept. 3, a copy of which was sent to journalists on Thursday, BMI said the measure, signed into law on Aug. 23, provided the foundation for the liberalization of the country's digital infrastructure and services market.

This is because the law allows third-party providers to use existing players' infrastructure, addressing constraints of congressional franchises.

"In principle, the law is broadly positive for the telecoms and technology market, but incumbents will need to closely monitor the development of the de...