Publicly listed telecommunications firms, particularly market leaders PLDT and Globe Telecom, are taking a beating on the local stock market as investors shy away due to the potential impact of the Konektadong Pinoy Act and new online gambling restrictions on e-wallets. “The sector has been on...
The telecommunications industry is urging the government to ensure strong safeguards for consumers under the implementing rules and regulations (IRR) to be crafted for the Konektadong Pinoy Act, which recently lapsed into law. The bill, also known as the Open Access in Data Transmission Act,...
DITO Telecommunity announced the release of foreign nationals employed by its accredited business partners whom the Bureau of Immigration detained for verification purposes. DITO Telecommunity said that 39 foreign technical personnel working with the company were brought in for verification on May...
The industry-wide alliance of the country’s leading telecommunications operators is seeking to expand its membership to include government and law enforcement agencies amid rising threats to network infrastructure, primarily cyberattacks and theft. In a statement, Pangilinan-led PLDT Inc. said...
The parent company of telco firm DITO Telecommunity (Tel), headed by Davao-based tycoon Dennis Uy, saw its net losses more than halved in the first quarter of the year as revenues continued to soar, driven by strong demand for mobile services. In a disclosure to the Philippine Stock Exchange (PSE),...
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...
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...
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...
