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...
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...
Davao tycoon Dennis A. Uy’s DITO CME Holdings Corporation has raised P2.24 billion through the issuance of shares of a subsidiary to a firm established in the Cayman Islands. In a disclosure to the Philippine Stock Exchange (PSE), DITO CME said its subsidiary DITO Holdings Corporation has issued...
Davao tycoon Dennis A. Uy’s telecommunications unit Dito CME Holdings Corporation has revealed that the identities of the two buyers of its P2.2 billion shares are two firms that have been recently registered in Singapore. In a disclosure to the Philippine Stock Exchange, the buyer of P610...
The country's third telco player, DITO Telecommunity Corp., has hauled in 10.3 million subscribers todate and expects to hit 12 million total for 2022, chief administrative officer Adel Tamano told reporters Thursday, July 14, in a virtual press conference. "We are slowly getting the market share...
The Philippine Stock Exchange has halted the trading of DITO CME Holdings Corporation, the Udenna Group’s media, communications, entertainment and information technology (“IT”) subsidiary, pending the submission of a full and comprehensive disclosure on its unilateral move to defer its...
The Clark International Airport Corp. (CIAC) lauded DITO Telecommunity Corp.'s P20.5 billion infrastructure investment in Clark as "a welcome respite to interrupted businesses because of the pandemic". DITO's Google campus-inspired data center which recently broke ground at the Clark Global City...
DITO Telecommunity, the country’s third player, could boost the information technology-business process management (IT-BPM) services sector of Cebu. This was the pronouncement of the Department of Information and Communications Technology Visayas Cluster 2 (DICT VC2) last night (March 18). "The...
Third player DITO Telecommunity Corporation today (March 2) announced it will be commercially operational in 15 areas in Metro Cebu and Davao on Monday, March 8. The telco's service will launch its service in ten Metro Cebu areas: 1. Carcar, 2. Cebu City,3. Consolacion, 4. Danao, 5. Liloan, 6....
Udenna Infrastructure Corporation (UIC) signed a P10-billion (US$200-Million) deal for the construction of DITO towers and the roll-out of fiber optic cables, Jomel Fuentes, Chief Operating Officer disclosed yesterday. “In need of local ...
