DITO Telecommunity, the country's third telco player, is coughing out over P50 billion to rollout its network this 2022, chief administrative officer Adel Tamano announced. "We’re spending more than P50 billion, (from the original P27 billion for third year operations) and funding (from debt and...
The Philippine Stock Exchange has lifted the trading halt imposed on the shares of DITO CME Holdings Corporation after the firm provided additional information in relation to the deferment of its P8-billion stock rights offering. “In view of the foregoing, trading of DITO shares will resume on...
DITO Telecommunity claimed it remained a viable and sustainable business despite its majority shareholder, DITO Communications Media and Entertainment (DCME) deferment of an P8-billion stock rights offering (SRO) to fund the telco's expansion. DITO Telecommunity Chief Administrative Officer, Atty....
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...
Blaming market conditions, DITO CME Holdings Corporation has formally informed the Philippine Stock Exchange that it is deferring its P8 billion stock rights offering but the bourse said it has yet to approve the deferment. “The Exchange was notified by DITO CME Holdings Corp. that its...
Telcos seen to continue higher revenue haul in 2022 media The future remains stable for local telcos as the continuing pandemic boosts data consumption and broadband use, ensuring they haul in higher revenues. And this despite the decline in legacy voice and messaging services, both of which now...
1200px-Dito-logo.svg After consolidating the financials of DITO Telecommunity Corp (DITO Tel) into its third quarter report, DITO CME Holdings Corp (DITO CME) bled P2.808 billion as operating expenses ballooned in the wake of its telco business' nationwide rollout. DITO CME generated P327 million...
33951 Telcos blamed combined non-technical and technical issues for the "birth pains" of implementing Mobile Number Portability (MNP). However, Telecommunications Connectivity Inc. (TCI), a joint venture of DITO Telecommunity, Globe Telecom Inc. and Smart Communications Inc., assured the National...
1200px-Dito-logo.svg DITO Telecommunity hauled in four million subscribers as of November 8, 2021, Chief Administrative Officer Adel Tamano announced. “It was only in March of 2021 that DITO began commercial operations. We hit our one-millionth subscriber in just a matter of months in June, and...
It is all set to go for Mobile Number Portability (MNP) this week, Telecommunications Connectivity, Inc. (TCI), the joint venture of the country's three telcos announced. Mobile number portability Beginning Sept. 30, mobile customers can move from one telco service provider to another free of...
DITO Telecommunity, the country’s newest telco player, this morning (Sept. 21) announced it has hit the three million subscriber mark. Dito-Telecommunity On the average, the telco is hauling in new subscribers at the rate of 20,000 daily but has accelerated to over 33,000 per day in the last 12...
Senator Imee Marcos has questioned the Department of Information and Communications Technology (DICT) for allegedly allowing the Dito Telecommunity use its facilities for free. DICT Secretary Gregorio Honasan II attends a Senate hearing on the alleged irregularties in the PhilHealth on August 11,...
