Wazzup Pilipinas!
Let us not be deceived.
The Fair Usage Policy was created mainly because the telcos could not effectively deliver an "unlimited" Internet access with acceptable speeds "as advertised".
Let us say in our neighborhood, if majority of us use the Internet to watch online streaming videos on a daily basis (the near future as predicted), or download huge files from the cloud (or torrent sites :) ) every time there's something newly added (worst case scenario), it should not affect the connection of some who only use the Internet to check their email or social media accounts (they don't really need a fast Internet as compared to those accessing videos).... Why then would the telcos degrade everyone's speed to a crawl just to satisfy a non-existent few?
The truth: The telcos' infrastructure could not handle the over-subscription. Too many users on the same system that was built for less. Improving the infrastructure is costly, so they resort to degrading the quality of our Internet instead.
If I wanted my customers to be happy and satisfied, I would instead improve my infrastructure to be able to provide for the demand. But the telcos do not want to lose profit so being businessmen, they cheat their way out of this predicament. They would only need to use a lesser amount of money to influence (or bribe) those in authority like the NTC (It is quite bothering that this agency is only able to create policies beneficial to the telcos). Ask the NTC to help them make up a policy they eventually called FUP (which actually means "Fuck U People") so they can get away easily with this scam.