DITO CME Director Cherylyn C. Uy DITO CME Holdings Corp. announced the replacement of a board director and its treasurer, Cherylyn C. Uy, the spouse of founder and Davao tycoon Dennis A. Uy, to make room for representatives of its new controlling shareholder, Singaporean Summit Telco Corp. Pte....
Dennis Uy-led DITO Telecommunity Corporation is confident of achieving a 45-percent revenue growth this year compared to last year amid its customers’ continued strong demand for mobile and internet connectivity. “Despite being in a highly competitive market…DITO Tel is likely going to grow...
Dennis Uy-led Dito Telecommunity Corporation is targeting to more than double the number of its home subscribers in 2025, as it banks on the millions of households within its coverage area that are yet to have internet connection. On the sidelines of the company’s launch of its Dito Home WOWFi in...
Dennis Uy-led Dito Telecommunity Corporation is targeting to end the year with 16 million subscribers after surpassing a new user count milestone last week. “We have just crossed 13 million subscribers last week. Hopefully [we reach] 16 million [by the end of the year],” Dito Chief Executive...
Davao tycoon Dennis A. Uy’s DITO CME Holdings Corporation has decided to postpone indefinitely its planned P4.2 billion follow-on-offering (FOO) originally scheduled from September 26 to October 2, 2024. In a letter to the Philippine Stock Exchange, the firm said that, “upon careful...
The Securities and Exchange Commission (SEC) has approved the planned follow-on offering of Davao tycoon Dennis A. Uy’s DITO CME Holdings Corporation of shares worth up to P4.2 billion. In its meeting on August 15, the Commission En Banc resolved to render effective DITO’s registration...
Vibrant, colorful lanterns or parol, dazzling Christmas lights and jolly Christmas carols fill the air. It's that magical time of the year once again! But we all know that finding the right gift for everyone on our list can be quite a challenge. And so, before you merrily rush...
DITO Telecommunity Corporation Chairman Dennis Uy’s stake in the corporation continues to shrink with the latest sale of 16.89 percent or 3.3 billion shares of DITO CME Holdings Corporation to raise P3.3 billion. In its disclosures to the Philippine Stock Exchange (PSE), DITO CME Board of...
DITO CME Holdings Corporation announced on Wednesday, Oct. 11, that Ernesto R. Alberto has been appointed as the new chief executive officer (CEO) of its subsidiary DITO Telecommunity Corporation (DITO Tel) effective immediately. Alberto was transferred to the CEO position of DITO Tel after...
Five leading internet service providers (ISPs) in the country have signed a Memorandum of Understanding (MOU) with the Intellectual Property Office of the Philippines (IPOPHL) to establish a site-blocking mechanism against pirate sites. The ISPS that signed the MOU include Globe Telecom, PLDT...
DITO CME Holdings Corporation, the information and communications technology (ICT) sector holding firm of Davao tycoon Dennis A. Uy, reported that its subsidiary DITO Telecommunity Corporation has secured a $3.9-billion 15-year long-term project finance facility after raising P4.44 billion from...
These aren't the best of times. As we experience rising prices and increasing financial pressures, every penny counts. In these challenging times, spending wisely and efficiently is crucial not only to survive; but also to thrive. Maximizing your spending is more than just cutting...
