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,...
It’s been a while, but Malacañang remains tight-lipped on the “Konektadong Pinoy” bill that aims to provide free Wi-Fi access, especially in Geographically Isolated and Disadvantaged Areas (GIDA), by liberalizing the telecommunications sector and expanding data connectivity. Yes, Virginia,...
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...
Award-winning singer-songwriter and producer Ogie Alcasid has collaborated with Jake Villamor and former “PBB Gen 11” housemate Kolette Madelo for the music video of “Hanggang Dito Na Lang Ba Tayo?” The heartfelt video, directed by Kashka Gaddi and produced by Inside Job Studios, features...
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),...
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...
