Swedish telecommunications equipment and mobile services firm Ericsson recently ranked Manila as No. 22 of the top 25 largest cities in the world in terms of the ability to use information and communication technology (ICT) to benefit business.
In the release of Ericsson's third edition of Network Society City report and Index, New York, Stockholm and London emerged as the top three ICT-savvy cities in the ranking.
According to Patrick Regardh, strategic marketing head for Ericsson global, individuals, rather than businesses or institutions, drive development resulting from ICT maturity.