TELOF is an office under the Commission on Information and Communication Technology (CICT).
George Tardio of TELOF said there is a high demand for bandwidth with the proliferation of mobile internet capable phones.
He added that cable operators have the infrastructure in place to offer broadband, which should be an additional stream of revenues.
The Philippines has an estimated 3 million broadband subscribers, comparatively low compared with 80 million mobile phone subscribers.
Elpidio M. Paras of the Philippine Cable Television Association Inc. earlier said cable TV subscriber growth has reached a plateau but the revenues are growing because of additional services like broadband and telephone service.
As of end-2010, cable subscribers were placed at 1.5 million.
The association has 300 members out of 400 cable firms in operation. The three largest cable operators in Metro Manila are Sky Cable, Destiny Cable and Global Destiny.
Among the cable operators, Sky Cable, with 500,000 subscribers, has been offering broadband service mainly in Metro Manila .
In 2009, the cable industry incurred P4 billion revenue losses due to illegal cable connections.