DITO Telecommunity Corp., a venture backed by state-owned China Telecom and Davao-based businessman Dennis Uy, said it had 11 million subscribers as of the end of July.
In a statement, DITO chief administrative officer Adel Tamano said the “milestone” was achieved “less than a month after the company announced it exceeded the 10-million mark, reflecting the telco’s sustained growth trend since it commercially launched last March 2021.”
DITO aims to capture 12 million subscribers this year.
Global internet speed monitoring firm Ookla has described DITO as a market disruptor, saying that the Philippines is a “duopoly no more” as it recognizes the impact that DITO had in triggering dominant players Globe Telecom and PLDT’s Smart Communications to beef up investments to improve their services and keep their subscribers.
DITO is mandated to cover 70% of the population this year as part of commitments to the government when it secured frequencies, license, and franchise as the third major telco player.
It is now present in more than 600 cities and municipalities. By the end of the year, DITO is targeting being commercially available in more than 840 areas nationwide. —VBL, GMA News
DITO hits 11M subscribers as of end-July
Source: News Panda Philippines
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